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This video by Simplilearn is based on What is DeFi? and How DeFi works? DeFi is a short form for Decentralised Finance. Decentralized finance offers financial instruments without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain. Don't forget to take the quiz at 04:13!

This video covers the following:
00:00 Introduction to what is DeFi?
01:14 What is DeFi?
04:13 Quiz about what is DeFi?

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