DeFi (decentralized finance) does

Can you imagine a world without banks?

Imagine needing to borrow money for a sudden expense but can't go to a bank due to being in a remote area.

Decentralized finance, or DeFi, allows you to borrow or lend money directly with others online without needing a bank. It's like having a bank in your pocket.

Example

You need 500 for an emergency. Through DeFi, you can lend someone 500 and get it back with interest in a few days.

Remember this

DeFi gives you access to financial services anytime, anywhere, without a bank.

Text adapted from Wikipedia, licensed under CC BY-SA 4.0.

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Educational content, not financial advice.

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