Posted inBitcoin
What is Bitcoin DeFi, and How Does It Work?
Wrapped tokens across blockchains and Decentralized Finance (DeFi) initiatives on the Bitcoin Blockchain itself enable new opportunities for Bitcoin holders. Decentralized Finance, short for "DeFi," is an essential part of Web3, the new internet infrastructure being built all around the world. DeFi entails using blockchains to create financial applications without the aid of banks, governments,…