DeFi vs Smart Contracts
Quick comparison to help you distinguish these two crypto terms.
DeFi
beginner
strategy
A blockchain-based financial system enabling lending, borrowing, trading, and earning interest on cryptocurrency without traditional banks or intermediaries through automated smart contracts.
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beginner
fundamentals
Smart contracts are self-executing programs stored on a blockchain that automatically perform predefined actions when specific conditions are met, without needing any intermediary.
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