DeFi 💰⛓️

1. What is DeFi?

DeFi is a financial system built on blockchain that removes banks and intermediaries using smart contracts.

2. How DeFi Works

User → Wallet 🦊 → Smart Contract 📜 → Blockchain ⛓️ → Financial Action

3. Key Features

No banks ❌
Open access 🌍
Transparent 👁️
Automated 🤖

4. DeFi Services

Lending & Borrowing 💸
Decentralized Exchanges (DEX) 🔄
Yield Farming 🌾
Staking 🪙

5. Popular DeFi Platforms

Uniswap 🔄
Aave 💰
Compound 📊
PancakeSwap 🥞

6. Lending System

Deposit crypto → Earn interest
Borrow crypto → Pay collateral
All handled by smart contracts

7. Risks

Smart contract bugs 🐞
Market volatility 📉
No customer support ❌
Hacks 🔓