DeFi
Decentralized Finance (DeFi) is a term used to describe an ecosystem built on the BlockChain network. It is also referred to as Open Finance. DeFi encompasses various financial products and services that are decentralized and operate on the blockchain. One important aspect of DeFi is the concept of ICO (Initial Coin Offering), which is often discussed in the context of Scam. ICOs involve raising funds through the sale of Cryptocurrency. A prominent example of a Decentralized Exchange (DEX) is Uniswap. Uniswap allows users to trade cryptocurrencies directly on the blockchain. It is an open-source project (OSS) and has gained popularity in the DeFi space. Another notable DEX is SushiSwap, which is essentially a fork of Uniswap. By using SushiSwap, users can earn a unique token called Sushi Token.