You’ve probably heard of crypto and NFTs but what about defi? 🤔 Defi = Decentralized Finance. It’s meant for conducting financial transactions on the blockchain without oversight from traditional banks. A few benefits of using Defi 👇 💳 You don’t need to apply for anything or “open” an account. You just get access by creating a wallet 🔐 You don’t need to provide your name, email address, or any personal information ⏱ You can move your assets anywhere at any time, without asking for permission, waiting for long transfers to finish, and paying expensive fees 🏃‍♀️ Interest Rates and rewards often update rapidly 👀 Everyone involved can see the full set of transactions ⚠️ You manage your own money and are solely responsible for keeping it safe. Are you using #Defi? #crypto #web3 #blockchaintechnology #reels