Swapper Finance, Mastercard, and Chainlink Partner on DeFi Bank Card Deposits

The collaboration enables funding of decentralized applications via traditional bank cards, with initial partners including Pi Squared, Stakelink, and KyberSwap.

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Summary

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Terms & Concepts
  • DeFi: Decentralized finance, a blockchain-based form of finance that removes intermediaries like banks by using smart contracts.
  • Smart contract: Self-executing blockchain code with terms directly written into lines of code, enabling automated agreements without intermediaries.
  • Chainlink: A decentralized oracle network that provides real-world data to smart contracts on blockchains.