Decentralized financial systems (DeFi) promise to do to finance what the internet did to communications. They open up new possibilities for financial transactions that were previously impossible without banks or other intermediaries. The idea is clear and attractive – full control over your funds, independence from the banking system, and instant transactions. But are we ready for it? DeFi technologies are still new, and not all of them have stood the test of time. Despite the great potential, the risks are also significant. And the most important question: will users trust their money to these new systems?

Decentralized financial systems (DeFi) promise to do to finance what the internet did to communications. They open up new possibilities for financial transactions that were previously impossible without banks or other intermediaries. The idea is clear and attractive – full control over your funds, independence from the banking system, and instant transactions. But are we ready for it? DeFi technologies are still new, and not all of them have stood the test of time. Despite the great potential, the risks are also significant. And the most important question: will users trust their money to these new systems?