---
title: "Discussion on \"DeFi: Decentralized Finance - Explain like I am 5\" | Hashnode"
description: "Discussion on \"DeFi: Decentralized Finance - Explain like I am 5\". Learn about DeFi in this beginner-friendly blog post. Discover how it works, its rewards and risks, and how it compares to traditional finance"
url: "https://hashnode.com/posts/defi-decentralized-finance-explain-like-i-am-5/61effa48e247b2151e61ebd0"
---

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# [DeFi: Decentralized Finance - Explain like I am 5](https://blog.idrisolubisi.com/defi-decentralized-finance-explain-like-i-am-5?utm_source=hashnode&utm_medium=feed)

Learn about DeFi in this beginner-friendly blog post. Discover how it works, its rewards and risks, and how it compares to traditional finance

Jan 25, 2022 · 4 min read · blog.idrisolubisi.com  
Updated Apr 17, 2023  
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## Written by

[Idris Olubisi](https://hashnode.com/@olanetsoft)

@olanetsoft · Lagos, Nigeria.

  
[View profile](https://hashnode.com/@olanetsoft)

Developer Relation Engineer | Software Engineer | Technical Writer

Software Engineer | Developer Advocate | Technical Writer | Content Creator

## Responses 1

Markdown supported · ⌘↵ to post

[Eleftheria Batsou](https://hashnode.com/@eleftheriabatsou)

[Jan 26, 2022](https://hashnode.com/posts/defi-decentralized-finance-explain-like-i-am-5/61effa48e247b2151e61ebd0/comment/61f109c9e247b2151e620b07)

Great and easy to understand writing [Olubisi Idris Ayinde](https://hashnode.com/@olanetsoft)!

Keep up the great work.

[Idris Olubisi](https://hashnode.com/@olanetsoft)

[Jan 26, 2022](https://hashnode.com/posts/defi-decentralized-finance-explain-like-i-am-5/61effa48e247b2151e61ebd0/comment/61f109c9e247b2151e620b07#reply-61f1366987fd2728e7cd5770)

Thank you for the feedback [Eleftheria Batsou](https://hashnode.com/@eleftheriabatsou) 💙