DeFi  cuts out the middleman by using blockchain tech for peer-to-peer financial services. Imagine borrowing, lending, or trading crypto directly, without a bank. DeFi offers potential benefits like transparency and lower fees, but it's also complex, has security risks, and faces evolving regulations.

DeFi removes the need for intermediaries like banks, allowing for peer-to-peer financial transactions . 7 $DEGEN

Neda, your breakdown of DeFi's potential and challenges is spot on—it's a fascinating space with both risks and rewards! 💼🔗