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Understanding Lending and Borrowing in DeFi

Best for: DeFi Analyst, Crypto Journalist, Blockchain Developer, DeFi Product Manager, Financial Consultant.

This prompt delves into the fundamentals of lending and borrowing within the realm of decentralized finance (DeFi). It aims to shed light on the mechanisms and processes that facilitate these transactions in the DeFi ecosystem. By delving into this topic, we will gain insights into the innovative ways that DeFi platforms empower users to participate in financial activities and shape the future of finance.

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