🧑‍🏫 Lesson 13: What is DeFi? 🏦🤖

DeFi is finance without bankers and offices.

All processes (loans, exchanges, income) are in code, through smart contracts 📜

⚙️ How does it work?

• 💧 Liquidity pools: give tokens — receive a share of the fees

• 💸 Loans: borrow without approval, fast and easy

• 🌾 Farming: earn rewards for participating in the protocol

⚠️ Risks and benefits

• 🐞 Possible bugs in the code

• 🎭 Fraudulent projects

• 💰 But the income is higher than that of traditional banks

🧩 Conclusion

#DeFi is freedom, auto-finance, and the possibility of passive income.

But the main thing is to study the protocols and be attentive 👀

#обучение