The DeFi ecosystem involves the process of building transparent financial applications on top of the blockchain.
It includes all the financial projects covering different aspects like lending and borrowing, stablecoin development, investments, payments, insurance, staking, yield farming, prediction markets, decentralized exchanges, asset management, alternative savings with interest-earning mechanisms, and derivatives.
Read more at:
https://www.blockchainappfactory.com/blog/defi-ecosystem-development-a-beginners-guide/
