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⁣Decentralized Finance (DeFi) protocols are blockchain-based financial applications that aim to replicate and innovate upon traditional financial services in a decentralized manner. These protocols typically run on smart contract platforms like Ethereum and utilize blockchain technology to enable various financial activities without the need for intermediaries such as banks or brokers. Here are some common types of DeFi protocols:

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Cryptocurrencies provide individuals with direct control over their funds. Users can manage their assets without relying on traditional banking systems. This financial empowerment is particularly significant in regions with unstable or restrictive financial environments.

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Calm Down by Rema & Selena Wins 'Best Afrobeats' at VMAs

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⁣Is verification required on exchanges?

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NFTs, or Non-Fungible Tokens, are a type of digital asset that represent ownership or proof of authenticity of a unique item or piece of content using blockchain technology.

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