Introduction The world of finance is undergoing a massive transformation. For decades, traditional banking systems and intermediaries such as banks, brokers, and payment processors controlled how people borrowed, saved, and invested money. But today, thanks to blockchain technology, an entirely new financial ecosystem has emerged— Decentralized Finance (DeFi). DeFi removes the need for intermediaries by allowing people to access financial services directly on the blockchain. From lending and borrowing to trading and earning interest, DeFi has become one of the most talked-about innovations in cryptocurrency. In this beginner’s guide, we’ll explore what DeFi is, how it works, its key features, benefits, risks, and real-world use cases in 2025. What Is DeFi? Decentralized Finance (DeFi) refers to a financial system built on blockchain networks—primarily Ethereum —that allows people to use financial services without relying on traditional banks or intermediaries. Instead of s...
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