DeFi recreates and improves the traditional financial system using "smart contracts" on the blockchain. This allows users to interact directly with financial services without banks or intermediaries, generating new ways to create wealth.
DeFi has the potential to "bank" billions of people. It drastically reduces costs and friction, creating a more efficient and fair global financial market. It is a fundamental reinvention of banking services from the ground up.
DeFi is an open financial system that operates without the need for traditional intermediaries like banks or centralized exchanges. It utilizes smart contracts—self-executing code—on decentralized networks.
This allows users to lend, borrow, trade, and earn yield directly from one another using Digital Assets. Its goal is the complete democratization and unbundling of traditional financial and banking services.
Allows users to lend their digital assets to earn interest, or borrow money by depositing other assets as collateral. The entire process is automatic, transparent, and globally accessible.
Consists of "locking" your cryptocurrencies to help secure and validate transactions on a blockchain network. In exchange for your contribution to the network's security, you receive rewards in the form of more cryptocurrencies. It is similar to earning interest in a savings account.
This is a more advanced strategy where users move their assets between different DeFi protocols to maximize their earnings. They seek the best interest rates and rewards, similar to how a traditional investor would look for the best returns on different financial products.
