In recent times,
Decentralized Finance Tokens are showing huge growth in the blockchain sector. DeFi tokens are mostly Ethereum based digital tokens. Thus, Decentralized Finance tokens might be asset-backed, fiat-backed, crypto-backed, or whatever. Decentralized Finance tokens are end-user entities, So these DeFi tokens will act as a medium for users, Traders, startups, or investors. DeFi tokens would take an important part and experience the financial services in newly developed DeFi-based Dapps. These tokens will have various use cases like an exchange, trading, investment, payment, voting rights.