Decentralized Finance: What are the Opportunities and Risks

Simran

DeFi boosts financial inclusion by giving the unbanked access to loans, trading, and investments without banks.

Innovative DeFi products like yield farming, staking, and tokenization create new ways to earn and invest.

Cutting intermediaries reduces costs and speeds up cross-border transactions with smart contracts.

DeFi faces major risks from hacks, smart contract bugs, and scams causing huge financial losses.

Market volatility and regulatory uncertainty make DeFi risky, with little protection for users.

Read More Stories