DeFi = Decentralized Finance

It means you can lend, borrow, earn interest, and trade – without a bank – all using crypto!

Real-Life Example:

Put your crypto (like USDT) into a DeFi protocol

Someone borrows it and pays you interest

All handled by smart contracts, no middleman needed!

Why It Matters:

No paperwork

Works 24/7

Global access

You earn more than a savings account (in most cases)

Popular DeFi Platforms:

Aave

Compound

Uniswap

Curve

(All on Ethereum or other chains like Polygon, BSC)

Beginner Tip:

Always start with small amounts and DYOR (Do Your Own Research)

And NEVER connect your wallet to unknown websites.