DeFi stands for Decentralized Finance, a new financial system built on blockchain. This is a system that exists to eradicate third parties like banks and financial institutions from all financial transactions. DeFi projects or tokens are tipped to be the next big thing in the crypto world. So, how can you earn from these DeFi projects? Yes, by a process called staking which is equivalent to having a savings account in ordinary banks. Users lock assets into smart contracts and, in return, earn more than that same token. So, how much can you earn? Well, around $3000 every day if you invest in these projects!
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