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DeFi is short for “decentralized finance.” To eliminate the inefficiencies caused by intermediators like banks and financial institutions, DeFI offers a wide range of financial applications such as lending, borrowing, asset management, derivatives, DEXs on a blockchain network. The Defi platforms are fueled by their native cryptocurrency.
Mass Defi is an ecosystem of liquidity aggregator engine, challenger banks with Fiat users, merchant vendors. It enables trading with access to liquidity from other Liquidity Pools while offering smart lending, borrowing directly on the Fiat and crypto deposits. It also enables the user to take a 0% interest consumer loan against crypto and fiat holdings.