What is Decentralised Finance?Decentralised Finance, or DeFi, means doing financial activities like lending, borrowing, and trading without using banks or companies. Everything runs on blockchain technology.
DeFi apps use smart contracts on blockchains like Ethereum. These contracts run automatically without needing a bank, and users stay in full control of their money.
Benefits of DeFi
No middlemen
Open to everyone
24/7 access , Low fees
Full control of your fund
DeFi gives you financial freedom!
Common Uses of DeFi
Borrow or lend crypto
Earn interest through staking
Trade crypto instantly
Use DeFi wallets like MetaMask