Decentralized Finance (DeFi): The Backbone of Web3
Decentralized Finance (DeFi) is revolutionizing the financial landscape by leveraging blockchain technology to remove intermediaries like banks, enabling direct peer-to-peer transactions. Acting as the financial backbone of Web3, DeFi empowers users with greater financial autonomy through decentralized applications (dApps), smart contracts, and innovative solutions like decentralized exchanges (DEXs), lending platforms, and stablecoins. As the foundation of a more transparent, accessible, and inclusive financial ecosystem, DeFi represents the future of global finance.