# ZHIPU

#ZHIPU I notice that many people are asking what exactly is deFi. I'll try to explain it simply, without complicated terminology.
Decentralized finance — essentially a financial system without intermediaries. You don't need banks, their staff, or offices; instead, you perform transactions directly on the blockchain using smart contracts. Ethereum and Solana — the most common platforms for this.
When I learned what deFi is, I found it covers many types of operations. You can lend money to others and earn interest. You can also directly exchange one cryptocurrency for another. Deposit your