Understanding DeFi (Decentralized Finance)
DeFi refers to financial services built on blockchain that don’t rely on traditional banks. It includes lending, borrowing, trading, and earning interest — all without intermediaries. Platforms like PancakeSwap on BSC or Uniswap on Ethereum allow peer-to-peer transactions through smart contracts. DeFi is reshaping global finance by making it accessible, transparent, and borderless. Always do your research and use reputable platforms to avoid risks.
