What is Defi?

Decentralized finance: The new saving.

You lend your crypto and earn up to 4% interest (yield) per month. This number is not a dream, it’s a harsh reality. While you have to bring extra money to the bank in these times of high inflation and negative interest, you get a huge monthly return with crypto savings. This is because this is done on a decentralized platform, in which the bank, the intermediary, no longer exists. You lend your money to crypto trading platforms, the so-called automated market makers (AMM). Your crypto serves as collateral for these exchanges. You can compare this to the time when the banks still had to keep gold in their vaults as collateral. Crypto coins on a decentralized exchange need liquidity to trade, your share of crypto provides this. 

And you get highly rewarded.