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Memes refer to concepts that spreads across communities, constituting a shared subculture or perception of reality. Meme Coins are assets that rely on their community culture to realize decentralization, community promotion, and governance. They typically have no fundraising or team distribution other than fair community distribution.

Decentralized Finance (DeFi), also known as distributed finance or decentralized finance, refers to the use of decentralized protocols to build an open financial system designed to allow anyone in the world to access financial services without the limitations of space or time. Generally speaking, DeFi refers to financial solutions based on blockchain technology. At present, most key DeFi projects are built on the Ethereum network. These projects aim to make it easier for everyone to obtain crypto assets and use cryptocurrency and blockchain technology. DeFi has been considered one of the areas in which blockchain technology is most likely to realize large-scale application.