In regard of what Defi means, It means a decentralized finace, which refers to an emerging, blockchain-based ecosystem of finance that seeks to expand finance.
Everybody is well aware that Financial primitives are the building blocks of Decetralized finance (DeFi).
When i say that a highly decentralized applications, a new financial primitives, i mean building and developing on Avalanche like Aave, Dharma, Dydx and many more. With which Avalanche Token (AVAX) will be used as a UTILITY TOKEN.
Avalanche is developed to have the ability of building smart contracts platform which could confirm transactions in few seconds, and also supports the entirety of the Ethereum development toolkit, which enables millions of full block producers.