Hacker Noon June 28, 2022
The previous story briefly introduced Klein Finance, a decentralized trading platform with unique merits such as high liquidity with low slippages and low impermanent losses. However, there are still some concepts to be discussed so that we can better understand what Klein Finance is like in the whole industry. Hence, this story will concentrate on the concepts of DeFi, NFT, and metaverse, and briefly on the industry pattern of public chains.
DeFi
DeFi represents decentralized finance, without relying on intermediaries such as banks, it can save the capital cost and time cost caused by complex intermediate links, it is open to anyone who can connect to the Internet, and has the characteristics of inclusive finance.
DeFi lending automatically...
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