Hello 👋
A DeFi protocol is a decentralized application that offers services on digital assets, such as lending-borrowing, liquidity pools, etc., all without any intermediary.
Some of the most widely used DeFi protocols include: AAVE, Curve, UniSwap, etc.
💡 By contrast, a CeFi (centralized finance) application involves a trusted third party, a legal entity. For example: Meria, Binance, etc.
Feel free to contact us via the small bubble at the bottom right of your screen if you have any other questions 😊
The Meria team
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