No Summary provided as the original text is short
- DeFi: DeFi (decentralized finance) refers to blockchain-based financial services that operate through smart contracts rather than traditional intermediaries.
- Base: Base is an Ethereum layer-2 network designed to process transactions more cheaply and efficiently while relying on Ethereum for security.
- Onchain financing: Onchain financing means funding or credit activity recorded and executed on a blockchain, often through smart contracts.