DeFi or Decentralized finance is defined as an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. Defi eliminates the fees that banks and other financial companies charge for using their services. With DeFi, you hold your money in a secure digital wallet instead of keeping it in a bank. On this episode, let’s talk some DeFi as it’s a growing global digital financial movement that has gotten the attention of the traditional financial institutions due to the fact that it offers bank-less and under banked communities around the world a chance to earn yield or return on the money. Today, I’m joined by Grant Nieddu who shares how DeFi and crypto play a role in his life as an entrepreneur, coach, investor and on his own financial freedom journey. Grant’s optimism about the future of DeFi and crypto is perfectly balanced with his personal and very accurate belief that at the end of the day - - markets and the larger economy are driven by human behavior and psychology. Throughout this episode, there is a bunch of new jargon and we both do our best to define things as we go. If we miss anything of interest, please google it and know that the DeFi and crypto communities are constantly creating new vocabulary for the growing space. And like with all of the previous episodes that discuss investments and personal financial opportunities, please know that this is not financial advice but rather a candid convo highlighting how people today are leveraging DeFi and crypto to create value and build wealth. To learn more about Grant, check out his website www.stateofthespark.com