I heard a lot about DeFi, more than about the POS of ETH 2.0 coming. However, I have not had the opportunity to experience DeFi much, I have never even used crypto payment.
Many people understand that DeFi is Lending & Borrowing, and I think this is the main activity that has made DeFi such strong growth in the past 6 months.
Have you ever Lend & Borrow in DeFi? Or how did you experience DeFi? Trading on DEXs? Invest in ICOs/IEOs? Please share your experiences about DeFi.
DeFi goes beyond the level of Lending & Borrowing to the extent that you can do anything you want as with any other cryptocurrency. DeFi is how many new projects come about, by integrating the Ethereum network, so you could either trade using DeFi based coins/tokens or you can be involved in private ICOs/IOEs.
It really is a matter of you knowing what you want and finding the right people to guide you there.