Yield Farming and Staking**: Users can earn rewards by providing liquidity to markets or participating in network security through staking. These practices can generate returns but also come with risks #OFN
**Stablecoins**: Cryptocurrencies that are pegged to traditional assets (like the US dollar) to provide stability while still allowing for the benefits of cryptocurrencies #OpenfabricAI
*Insurance**: #DeFi also extends to insurance, where decentralized platforms offer coverage using smart contracts to facilitate claims #binance
Risk and Security**: While DeFi offers many opportunities, it also comes with risks such as smart contract vulnerabilities, market volatility, and regulatory uncertainties #trade2earna
Interoperability**: Many DeFi projects aim to work across different blockchain ecosystems, enhancing their usability and reach #OpenfabricAI