DEFI Beginner and Advanced

English

DeFi is short for “Decentralized Finance.” It refers to a financial system built on a decentralized blockchain network, such as Ethereum, that allows users to carry out financial transactions without traditional intermediaries such as banks, brokers or centralized exchanges.

Instead of relying on centralized intermediaries, DeFi uses programmable smart contracts to automate and execute financial transactions. This allows users to have greater control over their assets and participate in a wide range of financial services, such as loans, cryptocurrency exchanges, asset trading, staking, among others.

DeFi is designed to be more accessible, transparent and secure than traditional financial systems. In addition, it offers greater efficiency in terms of time and cost, since it does not require intermediaries and can be accessible from anywhere in the world, as long as you have an internet connection.

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