DeFi stands for Decentralized Finance. Right now, you probably use TradFi or traditional financial systems (AKA Centralized finance/CeFi or Legacy Finance) to do things with your money. Storing your funds in a checking account with a bank, using a card to access that money, and taking out loans are all services offered by TradFi banking institutions. DeFi is a new paradigm in managing money via internet protocols and giving people all over the world access to financial services. DeFi uses Cry...