Web3 Media

Decentralized Finance (DeFi) refers to a blockchain-based financial ecosystem that operates without traditional intermediaries such as banks or brokerages. Utilizing smart contracts on platforms like Ethereum, DeFi enables peer-to-peer lending, borrowing, trading, and asset management in a transparent and open manner. Its core advantages include increased accessibility, reduced costs, and enhanced security. As an innovative shift from centralized financial systems, DeFi aims to democratize financial services and foster global financial inclusion.