#CryptoCharts101
DeFi (Decentralized Finance)
Purpose:
Replaces traditional financial services (like banking, lending, and trading) with decentralized blockchain-based protocols.
Key Features:
Smart contracts on blockchains like Ethereum automate financial operations.
Lending & Borrowing: Platforms like Aave, Compound let users lend or borrow crypto.
Trading & Swapping: DEXs (Decentralized Exchanges) like Uniswap
Yield Farming / Staking: Users can earn passive income by providing liquidity or staking tokens.
Stablecoins: Used to reduce volatility and facilitate transactions (e.g., DAI, USDC).
Use Cases:
Earning interest
Getting loans without a bank
Trading crypto assets directly
Everything have a pro and cones but playing risky payout lot and sensible player make the game
