What is the term for the method that connects multiple defi platforms, akin to stacking blocks?
Question: What is the term for the method that connects multiple defi platforms, akin to stacking blocks?
The term for the method that connects multiple DeFi platforms, akin to stacking blocks, is Money Lego. This term refers to the composability and interoperability of DeFi applications, which can be combined and integrated like Lego bricks to create new financial products and services. For example, a user can deposit their crypto assets into a lending platform, earn interest, and use the same assets as collateral to borrow more funds from another platform. This way, the user can leverage their capital and access multiple DeFi platforms with a single transaction. Money Lego is one of the key features and advantages of DeFi, as it enables innovation, efficiency, and flexibility in the decentralized finance space.
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