Quote from: Charles-Tim on December 14, 2023, 12:14:08 PM

Those, like banks are centralized institutions, they are third parties. With DeFI, not third parties with financial transactions. That is what supposed to be the meaning, but many of the them are not completely decentralized.

To understand more about it, read these:

https://www.investopedia.com/decentralized-finance-defi-5113835#:~:text=Decentralized%20finance%2C%20or%20DeFi%2C%20uses,transact%20financially%20with%20each%20other.
https://www.linkedin.com/pulse/releasing-financial-freedom-how-earn

Went through this but it doesn't still seem clear to me maybe going over it some couple of times and a lot of research would make me understand better

Quote from: mk4 on Today at 02:30:43 PM

It totally depends. Most DeFi platforms differ from each other. Mostly the tokens are for governance, sometimes for staking(revenue) rewards, etc.

Okay so if I am correct I think you're saying all or most of token should be linked in one way or the other to a Decentralized Finance (Defi)