Meaning of "DeFi"
This refers to a decentralized financial service (or ecosystem) that allows users to deposit and lend assets on a blockchain, exchange interest and trading profits, and generate returns—all without the need for centralized financial institutions.
"These days, people often talk about DeFi as a way to invest that allows you to earn interest while taking out loans at the same time."
Related slang words
Hard forkWe are implementing a major technical change that introduces rules incompatible with the existing blockchain, thereby splitting the same network into separate new chains for operation.StablecoinIt is a virtual asset designed to reduce price volatility by pegging its value to specific assets, such as the U.S. dollar, at a 1:1 ratio.Mindless buyingThis refers to an investment behavior in which investors blindly follow others' buying decisions without any analysis or judgmentEscapeThe act of successfully cashing out a cryptocurrency that was either in a steep decline or had been held at a loss once it reaches the break-even point or a profit-taking level (or that state)Delisting BeamThis refers to a phenomenon where a coin slated for delisting experiences a temporary surge in price at the very end, driven by factors such as "manipulation by market players" or short-term positive supply-and-demand dynamics.I got bittenThis refers to a situation where, after the market price has fallen significantly below the purchase price, resulting in a loss, the investor is unable to cut their losses easily and ends up holding the position involuntarily for an extended period.Meme coinThis refers to cryptocurrencies that originate from internet memes, trending jokes, or online community culture, and whose prices are prone to sharp fluctuations based on public interest and participation.PenthouseA term used to describe a situation where investors buy stocks (or other assets) based solely on the expectation that prices will rise further from their all-time highs, leaving them stuck at the "highest point" and unable to exit the market