Hey everyone. So intrigued about Defi, in simple terms what i have gathered so far is its another platform of Decentralised Exchanges where they work with ETH in a way to interact with Smart Contracts, Dapps etc…
What are the main reasons why this is something we should all be getting our heads around DEFI?
I’ve not finished all of 101 yet but so far i under stand Dapps. I get that. Really struggling with The loaning borrowing stable-coins etc. i probably will need to watch these a few times and take some time with them.
What im asking is if some one was in the same position as me in the past maybe you can put a few sentences down of simplifying this out a little.