What Are the Advantages and Disadvantages of DeFi?

DeFi is often presented as a simpler idea than it really is: take financial services, put them on a blockchain and remove the middleman.That description captures part of the appeal. Decentralised finance can give users direct access to trading, lending and other financial services without relying on a bank or broker to approve every transaction. But removing an intermediary does not make risk disappear. It changes where that risk sits.That is the key to understanding the advantages and disadvant