DeFi (Decentralized Finance) removes banks from the equation and puts financial tools on the blockchain.
Core Concepts:
- DEXs (Uniswap, SushiSwap) – Trade without KYC
- Lending (Aave, Compound) – Earn interest or borrow using crypto
- Staking & Farming – Rewards for participating in networks
Risks to Watch:
- Smart contract bugs
- Rug pulls
- Impermanent loss
DeFi is the future — just don’t FOMO in without doing research!
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