Welcome to the Ask SCN Community Forums Global Forum General Discussion Why DeFi tokens are Captivating? Reply To: Why DeFi tokens are Captivating?

#2201
williamclarks
Participant

DeFi Tokens permit buyers to lend or borrow inside a P2P network or take out insurance instantly without the use of intermediates like banks. Decentralized Finance DeFi Tokens are the captivating application of the concepts pioneered by projects like Ethereum. This permits DApps to perform on their network infrastructure.

That’s right. But you have to do financial transactions carefully, so that you don’t have problems with taxes later.