POLAND - 2023/11/14: In this photo illustration, a DeFi logo is displayed on a smartphone with stock ... [+] market percentages in the background. (Photo Illustration by Omar Marques/SOPA Images ...

DeFi — short for decentralized finance — is a new vision of banking and financial services that is based on peer-to-peer payments through blockchain technology. Via blockchain, DeFi allows ...

At first glance, it's easy to see the appeal of DeFi, which essentially allows investors to serve as their own banks by lending and borrowing on their own and potentially earning much higher ...