What Is DeFi? Decentralized Finance Explained Simply
What is DeFi? Decentralized Finance lets you lend, borrow, trade, and earn interest — without banks, without brokers, without anyone's permission. Uvin Vindula, founder of uvin.lk, Bitcoin educator, and Web3 engineer, explains DeFi in plain language for people who have never used it. This guide covers how traditional finance works, how DeFi replaces it, lending without a bank, trading without an exchange, earning yield, the real risks nobody talks about, and what DeFi means for Sri Lanka — written by someone who went from using DeFi to building it.
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Uvin Vindula·March 20, 2023