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RE: Steemit Crypto Academy Contest / S4W2 - Decentralized Finance by @afshaan
Yes, that's right, the world of DeFi is new and the world of DeFi is not like other crypto markets where you have to register and do KYC. In DeFi only a Private Key is needed to view the wallet and transact.
I also shared a post about DeFi, if you have time please see it and I am very happy.