๐ What is DeFi?
DeFi = Decentralized Finance. It's about rebuilding financial services on blockchain (like $ETH ) without banks!
Core Idea: Use smart contracts for transparent, permissionless finance.
What you get:
* Lending/Borrowing: Earn interest, get loans.
* DEXs: Trade crypto directly (e.g., Uniswap).
* Stablecoins: Crypto pegged to real-world assets.
It's innovative but has risks โ always DYOR!