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<center><img src="https://i.postimg.cc/0Q7Pj5dj/Componentes-y-funcionalidad-t-cnico-financiera-del-sistema-De-Fi-12.png"/></center>
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<div class="text-justify">In my previous post about the importance of smart contracts in the DeFi system, we talked about how this type of digital contracts basically eliminate the intermediaries of the traditional centralized processes and applications by providing automated processes that simplify the execution of financial operations, in this sense and with the objective of complementing the information in this opportunity I will describe some relevant aspects about the components and financial technical functionality of the DeFi system.</div>
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<div class="text-justify">Before continuing, it is worth remembering that decentralized finance has been at the peak of blockchain technology in the last two years, specifically in the world of cryptocurrencies, because DeFi applications have tokens that have been among the digital assets with the best financial economic performance, offering investors very attractive returns.</div>
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<center><img src="https://i.postimg.cc/NMkSZKk6/Componentes-y-funcionalidad-t-cnico-financiera-del-sistema-De-Fi-13.png"/></center>
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<td><center><a href="https://www.quora.com/What-is-decentralized-finance-DeFi" rel="noopener" title="This link will take you away from steemit.com"> Quora </a></center></div></td>
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<div class="text-justify">However, despite the success of decentralized finance, it is no secret that most cryptocurrency holders or investors are still struggling to understand the technical and financial elements behind the DeFi system, hence the reason to outline in a simple way how it is constituted and what is the technical and financial functionality of DeFi applications.</div>
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<div class="text-justify">Although the main component of the DeFi applications is that the commissions for executing operations are very low, due to the fact that they require minimal maintenance, additionally the DeFi system is made up of the following components and technical-financial functionalities, namely:</div>
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<div class="text-justify"><strong>A.</strong> Decentralized blockchain technology software.</div>
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<div class="text-justify"><strong>B.</strong> Technological protocols that offer financing without regulatory restrictions and without intermediaries.</div>
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<div class="text-justify"><strong>C.</strong> Financial services in the form of loans, deposits, credits, and decentralized exchanges.</div>
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<div class="text-justify"><strong>D.</strong> Management of monetary policies to issue Stablecoins through MakerDAO.</div>
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<div class="text-justify"><strong>E.</strong> Execution of automatic, secure and flexible transactions.</div>
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<div class="text-justify"><strong>F.</strong> Transaction history record.</div>
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<div class="text-justify">If you want to interact with some components and technical-financial functionalities of the DeFi system, I invite you to visit the <a href="https://cubdefi.com/" rel="noopener" title="This link will take you away from steemit.com"> CubDefi</a> application is a platform that runs on the blockchain and is sponsored by the friends of @LeoFinance.</div>
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<center><img src="https://i.postimg.cc/vBbwD1h5/Hablemos-de-la-Importancia-de-los-contratos-inteligentes-en-el-sistema-De-Fi-14.png"/></center>
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<td><center><a href="https://cubdefi.com/" rel="noopener" title="This link will take you away from steemit.com"> cubdefi.com</a></center></div></td>
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<div class="text-justify"> In the next post we will talk about the differences between classic finance, centralized cryptocurrency exchanges and decentralized cryptocurrency exchanges.</div>
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<center><img src="https://i.postimg.cc/rF5YhtDV/Banner-Fuente-consultada-I.png"/></center>
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<div class="text-justify"><h4>SOURCES CONSULTED</h4></div>
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<div class="text-justify"><strong> Forbes </strong> Decentralized Finance Is Building A New Financial System. <a href="https://www.forbes.com/advisor/investing/defi-decentralized-finance/" rel="noopener" title="This link will take you away from steemit.com"> Link</a></div>
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<center><img src="https://i.postimg.cc/rF5YhtDV/Banner-Fuente-consultada-I.png"/></center>
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<div class="text-justify"><h3>OBSERVATION:</h3></div>
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<div class="text-justify">The cover image was designed by the author: @lupafilotaxia, incorporating image: <a href="https://coinquora.com/what-is-decentralized-finance-defi/" rel="noopener" title="This link will take you away from steemit.com"> Coinquora </a></div>
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<center><img src="https://i.postimg.cc/0Q6V76gq/Banner-Fuente-consultada-II.png"/></center>
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<center><img src="https://i.postimg.cc/t4gH0T3K/Banner-Scientific-Content-Blogger.png"/></center>
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