DeFi (Decentralized Finance) Explained: Swaps, Lending & Yield

Decentralized Finance (DeFi) reconstructs traditional banking services through autonomous smart contracts, eliminating centralized intermediaries and gatekeepers.

Virtually all top-tier airdrops prioritize users who supply liquidity to automated market makers (AMMs) or deposit collateral into money markets. By understanding the basics of lending, borrowing, and liquidity provision, you position your on-chain resume to meet the snapshot criteria of leading protocols.