Cryptocurrency Q&A What are the 5 layers of DeFi?

What are the 5 layers of DeFi?

Lorenzo Tue Sep 24 2024 | 5 answers 1042

Could you please elaborate on the five layers of DeFi, or decentralized finance? I'm curious to understand how they work together to facilitate financial transactions and services without relying on traditional intermediaries. Are these layers interconnected, or do they operate independently? What are the key functions and benefits of each layer? I'm particularly interested in how they contribute to the overall growth and adoption of DeFi. What are the 5 layers of DeFi?

What are the 5 layers of DeFi?

defi layers 5

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