DeFi or decentralized finance is one of the hottest buzzwords in crypto. The term refers to platforms that can automate traditional financial services such as borrowing and lending, margin trading and insurance. DeFi relies on smart contracts run by decentralized networks to remove middlemen in the process, offering more favorable terms and interest rates to […]The post Litecoin Creator Charlie Lee Drops the Hammer on DeFi, Calls It ‘Theatre’, ‘Semi-Centralized’ and ‘The Worst of Both Worlds’ appeared first on The Daily Hodl.