TheBulletinBriefs
Decentralized Finance removes banks and middlemen, allowing people to access financial services directly through digital wallets .
DeFi is a blockchain-based financial system that lets users lend, borrow, trade, and earn interest without relying on traditional banks.
While banks control your money and charge fees, DeFi gives full ownership to users, enabling faster, borderless, and transparent transactions.
All DeFi transactions run on public blockchains like Ethereum — ensuring transparency, security, and tamper-proof financial records.
DeFi exploded from small experiments to a billion-dollar ecosystem, but the market remains unpredictable due to hacks, scams, and rapid changes.
Users connect through crypto wallets, while smart contracts automate transactions — replacing banks with code that executes rules instantly.
From lending platforms and savings protocols to insurance, NFTs, and yield farming — DeFi offers dozens of real-world financial applications.
DeFi offers freedom and high returns, but also risks. Investors should research carefully, understand smart contract failures, and start small.