Lecture 1: What is DeFi? (Beginner Level)
DeFi = #decentralizedfinance
It’s just normal finance (lending, borrowing, trading) but without banks.
Instead of using a bank, you use #crypto apps directly on blockchain.
Example:
Imagine lending your money directly to someone, and getting interest — without asking a bank!
Apps like Aave and Compound let you do that.
In short:
1️⃣ No middlemen
2️⃣ Full control over your money
3️⃣ Open to anyone with internet and crypto
Why it matters:
