What is DeFi & Why Does It Matter?

Introduction:

Briefly introduce Decentralized Finance (DeFi).

Mention its importance in revolutionizing traditional banking.

What is DeFi?

Explain DeFi as financial services on blockchain, without banks.

Examples: lending, borrowing, staking, yield farming.

Why Does It Matter?

Eliminates intermediaries (banks, brokers).

Provides global access to financial services.

More security and transparency using smart contracts.

Future of DeFi:

Rapid growth with innovations like Layer 2 solutions.

Challenges like regulations and security risks.

Conclusion:

DeFi is reshaping finance; early adoption could be beneficial.

Encourage discussion: “What’s your view on DeFi? Have you used any DeFi apps?”