What Is DeFi? Learn the Basics of Decentralized Finance
So, What is DeFi? DeFi, short for Decentralized Finance, is a new way of offering financial services without banks, brokers, or other middlemen. Instead, it uses blockchain technology—mainly smart contracts—to let people lend, borrow, trade, and earn interest directly with one another. Everything runs on public networks, making transactions transparent and accessible to anyone with…