DeFi Fundamentals · question
Q.02 of 28
What are the main advantages and disadvantages of DeFi?
← All DeFi Fundamentals questions
Re-explain
Advantages:
- No intermediaries reducing costs and barriers
- Global accessibility and inclusion
- Transparency and auditability
- Composability allowing innovation
- Faster settlement times
- Programmable money and automation
Disadvantages:
- Smart contract risks and bugs
- High volatility and impermanent loss
- Regulatory uncertainty
- Scalability issues and high gas fees
- User experience complexity
- Lack of consumer protection
Rewriting in plainer words…
This answer doesn't lend itself to a diagram - it reads best . No credits were charged.
The model's verdict: “”
This answer is explained by a shared concept diagram -
open →
Point the redraw:
How well did you know this?
AI:
Saved in this browser - sign in to keep your review list.
How should your speech become text?
Listening… your words appear above as you speak - tap Stop when you're done.
Recording · cr - tap Stop & transcribe when you're done.
Transcribing with AI…
Voice:
Keep going - a few more words and AI can grade it.
Interview lens
Likely follow-ups, what you can say, and the weak answers to avoid.
Pro · $10/mo
24 of 28 DeFi Fundamentals answers are gated.
Full answers, code samples, AI explanations - simpler, deeper, or as an interactive diagram. Cancel anytime.
-
Full answers + code
-
AI explain - simpler, deeper, or visualized
-
1,000 AI credits / month
-
Cancel anytime
