Importance of composability in the DeFi ecosystem
Composability acts as a catalyst for growth, propelling decentralized finance’s ongoing development and growth.
In decentralized finance (DeFi), composability refers to the ability of various apps and protocols to seamlessly communicate with each other, allowing their building blocks to be combined and integrated to create new functionalities or financial services. This interoperability is similar to Lego blocks in that different protocols can be assembled and flexibly combined.
The significance of composability in the DeFi ecosystem lies in stimulating innovation by allowing developers…
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