Follow for more exclusive information...

Lecture 2: How DeFi Works (Real-World Examples

DeFi runs on smart contracts (programs) on blockchains like Ethereum.

Example:

▪️ You deposit 1 ETH into a lending app.

▪️ The smart contract locks your ETH safely.

▪️ Someone else borrows your ETH and pays you 5% interest automatically.

Popular DeFi Apps:

▪️ Uniswap = Swap tokens (like a decentralized exchange)

▪️ Aave = Lend or borrow crypto

▪️ Curve = Trade stablecoins with low fees

▪️ MakerDAO = Borrow DAI (a stablecoin) against your crypto

Smart contracts = Trust the code, not people.

#informationuseful #informationalpurposeonly #traidingtopic #educational_post #AltcoinETFsPostponed