DeFi (Decentralized Finance) is a more decentralized version of traditional finance. It’s based on blockchain technology, so it allows users to store their funds in a decentralized way and invest in different types of assets without having to use centralized financial institutions like banks or credit card companies.
With the advent of a new era, the DeFi apps are taking over the world. It is a new trend of creating a decentralized financial application (DeFi app) for performing peer-to-peer transactions. The DeFi apps are capable of performing all types of functions such as loans, exchanges, and payments.
So what does it take to create a successful DeFi app? We’ve compiled a guide for entrepreneurs and developers who want to build one themselves. In this article, we will go through the process of developing a successful DeFi app, including what it takes to build one and what makes a DeFi app different from traditional web applications.
