Official statement: Reasons for building X Layer

Passionate about decentralized finance (DeFi) Open - No License Required - Suitable for Everyone - Your DeFi Playground What is DeFi DeFi is a blockchain based financial system. It utilizes smart contracts instead of banks or brokers to automate transactions. This means fewer intermediaries, faster and cheaper services Advantages ==Convenience: Anyone with the Internet and wallet can access global finance. ==Transparency: Every transaction is recorded on a public ledger with no hidden fees. ==Autonomy: Assets are controlled by you, not by third parties. How DeFi creates value 1. Earn profits by lending out your cryptocurrency. 2. No bank or credit score is required for permissionless borrowing. 3. Access global markets through DEX for efficient trading. The transition from centralization to decentralization involves more people. Are you ready to build the future? Starting from here: https://web3.okx.com/xlayer?shortCode=AICOIN88 Join OKX Boost binding and enjoy 20%: https://web3.okx.com/ul/joindex?ref=AICOIN88 OKX Wallet One wallet for easy storage, trading, and management of all your digital assets