WEBVTT

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Decentralised finance uses smart contracts

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for activities such as swapping, lending and borrowing.

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Access often begins through a wallet.

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Some services pool assets so others can trade or borrow.

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Returns may come from fees, interest or token incentives.

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Risks include software failures, price changes and liquidation of collateral.

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A displayed yield is not a promised return.

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Before using a service, explain where returns come from,

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how withdrawals work and how you could lose money.

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If you cannot, keep learning first.