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crypto lore this is the actual telegram chat in august 2018 where the name DeFi got picked. @HendoVentures & @injeyeo liked it as it comes out as "Defy". the other candidates were โข open financial protocols (ofp) โข lattice network โข open horizon we got so lucky, I like
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AI visual note: A screenshot of a Telegram group chat from August 2018 where members brainstormed names for decentralized finance, ultimately settling on "DeFi" because it spells out as "Defy." Participants Blake Henderson and Brendan from Dharma discussed alternatives like Open Financial Protocols (OFP), Lattice Network, and Open Horizon before agreeing on DeFi.