No Summary provided as the original text is short
- DeFi: Short for decentralized finance, it refers to blockchain-based financial services like lending, borrowing, and yield generation without traditional intermediaries.
- Cardano: A blockchain platform known for its proof-of-stake consensus and focus on scalability, interoperability, and sustainability.
- ADA: The native cryptocurrency of the Cardano blockchain, used for transactions, staking, and decentralized applications.