06
Feb
Decentralized finance (DeFi) refers to blockchain-based financial applications aimed at disrupting traditional banking and payments by eliminating costly intermediaries through automated smart contracts. Built ground-up for security, transparency, and global access, such "smart money" innovations make financial services unstoppable 24/7 by users directly worldwide since architecture has no downtime vulnerability inherent in legacy banking. Role of token presales Funding research and building infrastructure relies on growth capital - unlocked via native token presales offered to accredited crypto investors before public listing on exchanges. Participants gain discounted token allocations and input over protocol changes as adoption advances. In turn, their early…