Decentralized finance refers to financial services that operate entirely on blockchain networks, rather than through intermediaries like banks. Decentralized finance services run on open-source software code, they can be combined and modified in almost endless ways. They rely on public blockchains, where transaction data can be viewed by anyone and is immutable, meaning it can’t be changed or tampered with.
Decentralized finance brings decentralized exchanges, (or DEX) with it. Decentralized exchange is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXes substitute intermediaries—traditionally, banks, brokers, payment processors, or other institutions—with blockchain-based smart contracts that facilitate the exchange of assets.
In this video, we will investigate one of the decentralized exchanges, which aims to create a more free and inclusive financial system through decentralization.
By providing the unrestricted and unprecedented ability, to express diverse views in the decentralized financial markets, we are striving to empower individuals with the ability to more efficiently allocate capital, in our society.
Injective Protocol, (INJ) is a decentralized exchange (DEX) protocol that offers advanced features like cross-chain margin trading, derivatives, Forex, synthetics, and futures trading.
#injective #INJ
You can buy it from https://www.binance.com/tr/activity/referral-entry/CPA?fromActivityPage=true&ref=CPA_00HG43GYD8
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