noun | dee·sen·truh·lahyzd fah·nans
DeFi is like Wall Street on crack - it's a whole ecosystem of financial applications built on the blockchain, except instead of suits and ties, it's hoodies and anime avatars. It's like traditional finance, but with more memes and less regulation.
Example
"I put my entire life savings into a DeFi yield farming protocol that promised 1000% APY, but then the founder pulled the rug and now I'm living in a cardboard box behind the 7-Eleven. At least I still have my NFTs though!"
"DeFi is like the Wild West of finance - there's no rules, no sheriffs, and the only law is the code. It's a place where degens and autists alike can come to get rekt and shitpost about their losses on Twitter. Giddy up, cowboy!"
