Lending protocols "Bank Killers." DeFi Lending - protocols that provide the ability to take "credit" in one cryptocurrency secured by another without any intermediaries. Very convenient feature to get the cryptocurrency you need without selling the already available. DAO "Corporate Killers." DAO (Decentralized Autonomous Organization) is translated as a Decentralized Autonomous Organization. The DAO is a specific form of organization in which coordination among participants is carried out without centralized control, but using automatic algorithms and smart contracts. Steablecoins "Safe Haven in a Cryptocurrency Storm." Stakelchones are - tokens whose price is tied to the fiat currency price (most often to the dollar). This is ensured by various price retention mechanisms. Bridges "Web binding thread that can easily break" Cross-bridges are decentralized applications that allow the transfer of assets between different blockchains. Play-to-Earn "Controversial Source of Revenue" P2E - Games that perform tasks in which you earn project tokens, which you can then sell. Metaverse "Parallel Universes" Metauniverses are virtual spaces where people can interact with each other. He often uses NFT technology to create unique custom avatars. We told only about the most famous elements of DeFi ecosystem. The most detailed these and other elements are described in the book "How to DeFi" by CoinGecko.