History of Decentralized Finance (DeFi)

The history of decentralized finance (DeFi) began with the emergence of blockchain and cryptocurrencies, which opened up new opportunities for financial transactions. Inspired by the idea of creating a system independent of centralized institutions, developers began creating protocols that allow users to conduct transactions, take loans, exchange assets, and even earn on liquidity without intermediaries. Pioneers of DeFi, such as Uniswap and MakerDAO, demonstrated that it is possible to create financial services accessible to everyone. In recent years, this sector continues to develop rapidly, and with each passing year, more innovative projects emerge, providing unique solutions for participants in the financial market.