A Custodian is a third party that is responsible for holding and safeguarding assets on behalf of their clients.

In the context of decentralized finance, or DeFi, a custodian might be responsible for holding and safeguarding assets such as cryptocurrencies or other digital assets on behalf of their clients.

Custodians play an important role in the DeFi ecosystem by providing a secure and trustworthy way for users to store their assets. This is especially important in the world of cryptocurrency and digital assets, where the use of decentralized and distributed systems means that there is no central authority responsible for safeguarding assets. By entrusting their assets to a custodian, users can ensure that their assets are protected and can be accessed when needed.

Overall, custodians are an important part of the DeFi ecosystem, providing a vital service that helps to ensure the security and trustworthiness of the system.

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