Decentralized Finance or DeFi is transforming how the world interacts with money. The plasma network is at forefront of this movement, offering a robust platform for $XPL users to engage in lending, borrowing and staking without intermediaries.
The primary advantage here is complete financial sovereignty ; users maintain full control over their assets. With its high throughput and low latency $XPL makes DeFi more accessible to the general public removing the barries typically associated with traditional banking systems.