What does DeFi accomplish?
DeFi brings financial services to blockchains like Ethereum.
DeFi creates fair financial tools that anyone can utilize so long an internet connection is available. DeFi supports tools only banks could make available in the past; users can trade derivatives, options, borrow/lend funds.
- Assets are free to be transferred anywhere at any time.
- DeFi transactions 100% on-chain (transparent).
- Anyone can participate in DeFi by becoming a member of one of the DAOs which govern decentralized applications. A web3 wallet and an internet connection are all that's needed.