DeFI development

DeFi (Decentralized Finance) platform is a blockchain-based ecosystem that provides financial services such as lending, borrowing, trading, or investing without relying on traditional intermediaries like banks or brokers. Built on decentralized networks like Ethereum, DeFi platforms use smart contracts to automate and enforce transactions, ensuring transparency, security, and accessibility. These platforms enable users to maintain control over their funds through non-custodial wallets, promoting financial inclusion and reducing reliance on centralized institutions.

Example: Uniswap is a popular DeFi platform that operates as a decentralized exchange (DEX). It allows users to swap cryptocurrencies directly from their personal wallets without a central authority. Using automated smart contracts called liquidity pools, Uniswap facilitates peer-to-peer trading, where users can exchange tokens like ETH for USDT. Liquidity providers contribute assets to these pools and earn fees, while traders benefit from fast, transparent transactions without intermediaries.