What is DeFi?

DeFi is a new financial system that is being created and developed right before our very eyes! Right now, you have the opportunity to understand what DeFi is and create capital based on this innovative ecosystem.

Decentralised Finance or DeFi is a blockchain-based system in which all kinds of financial transactions can be made. DeFi is independent of the state and other regulatory bodies: neither banks nor courts can influence it.

Almost the same financial instruments work in this segment as in the classical system: loans, exchanges. Let us take DeFi lending as an example.

They are based on classic banking mechanisms: raising funds from network users in interest-bearing deposits and issuing loans secured by collateral. Unlike traditional banks, which can grant unsecured consumer loans, DeFi lends only against excessive collateral. Various cryptocurrencies are used as the currency of loans and collateral.

As the DeFi market is now actively gaining popularity, its capitalisation is increasing rapidly. As of early May 2021, DeFi market capitalisation has exceeded $100 billion. The trading volume of decentralised exchanges has grown by almost 30% in a month and by 5200% in a year.

️ Many people who want to make a quick profit come to the DeFi market and lose up to 100% of their deposit. The reason for this is a lack of knowledge and market understanding.

Often beginners make the same mistakes:
Greed.
It is always important to withdraw your deposit on time not to lose all your funds in the race for riches.
Lack of general market analysis.
It is a common mistake to strive to make quick investments without analyzing the general situation, at least for the chosen asset. Successful investors always assess the global market situation first!
Depositing and withdrawing all funds in full.
Inexperienced DeFi market users don't know how to diversify their funds and choose the right projects, which entails the risk of losing the entire deposit.

DeFi is a great opportunity that you can take advantage of today! The safest and most effective way to make money from this promising system is to get to grips with the subject.

To make sure you understand how DeFi works and avoid the mistakes most people make, we've created a course about DeFi, blockchain and cryptocurrencies on DigiU.Education platform. It consists of two parts: a free part and a part that you need to pay for. The first free part is already available in your DigiU personal account!

From our course you will learn:
What is DeFi, blockchain and cryptocurrencies, and how does it work?
How to choose the right crypto project with a high probability of bringing profit?
Which states are adopting cryptocurrency, which large companies have already implemented it, and how will it develop in the future?

Click on the link and watch the free course from DigiU.Edacation - get practical skills for making money with DeFi, blockchain and cryptocurrencies https://education.digiu.ai/

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