DEFI (DECENTRALIZED FINANCE)
WEB3 101
Tolu & the Magic of DeFi
Tolu asked Ada,
“What’s this DeFi I keep hearing about?”
Ada smiled:
“It’s like using a bank, but without the bank. You can save, borrow, trade, and earn interest directly on the blockchain.”
Tolu blinked.
“No forms? No bank manager?”
“None,” Ada said. “Just smart contracts doing the work.”
That day, Tolu realized:
With DeFi, you are the bank.
Moral of the story: DeFi gives power back to the people. It’s finance without borders, banks, or bureaucracy.
#DeFi #CryptoEducation #Farcaster 2 replies
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