Too Long; Didn't Read
DeFi is a new financial system allowing anyone to create their own loans or tokenized assets. It's a decentralized ecosystem, which means it doesn't rely on central institutions like banks or government agencies to process transactions. This results in faster and more efficient transactions for everyone involved and less dependence on one specific institution. The DeFi movement is global by nature; anyone can participate! According to a study, nearly half of millennials would rather invest in cryptocurrency than stocks or bonds from their employer's 401(k)