Decentralized Finance (DeFi) – A Beginner’s Guide - Generate Passive Income with DeFi & Cryptocurrencies: Staking, Lending, Liquidity Mining, Yield Farming – Explained Simply

Decentralized Finance (DeFi) is a financial system that operates outside the control of centralized institutions like banks and governments. It uses blockchain-based smart contracts to enable financial transactions, lending, staking, and other operations without intermediaries.