> For the complete documentation index, see [llms.txt](https://docs.horaos.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.horaos.com/defi/2.-cefi-and-defi/4-advantages-of-defi.md).

# 4 .Advantages of DeFi

• Eliminate centralized management intermediaries. This is very clear. With the adoption of Blockchain technology, the elimination of intermediaries becomes clear. Users can know where their property is, or what state is.

• DeFi applications are built on top of blockchains, they are open source. Therefore, it is relatively easy to upgrade or build and develop many DeFi applications.<br>