
DeFi’s Next Big Wave: Innovation and Challenges
Decentralized finance (DeFi) is shaking up the financial world. Built on blockchain technology, it offers a decentralized alternative to traditional finance (TradFi). Think of it as a more accessible, efficient, and transparent way to do things like lending, borrowing, and trading crypto. What is DeFi? DeFi uses blockchain platforms, mainly Ethereum, to provide financial services…