Welcome to the world of decentralized finance! DeFi, short for Decentralized Finance, is a groundbreaking technology that creates a fully digital, peer-to-peer economy without intermediaries like banks. Instead of banks pocketing money from transaction fees, individuals earn yield on their crypto.
Our guide breaks down how DeFi works by comparing it to traditional finance (TradFi) concepts you’re probably already familiar with.
The full guide takes about 30 minutes to dig into. You can download it below or check out our video if you’re short on time to get the basics.
