DeFi in simple words:
Old finance:
Bank holds your money.
Bank sets the rules.
Bank takes the profit.
DeFi:
You hold your money.
Code sets the rules.
You take the profit.
That's it. That's the revolution.
Old finance:
Bank holds your money.
Bank sets the rules.
Bank takes the profit.
DeFi:
You hold your money.
Code sets the rules.
You take the profit.
That's it. That's the revolution.