The usage of no(の)

I know it is used to show possession but i ran into another usage of this recently, heres the sentence: 私は食べるのが遅いです。
I know this sentence means “I’m a slow eater” but i couldnt really understand the purpose of the “の” here. Can you explain it like im a 5y/o and give me some basic examples if possible?
手伝ってくれてありがとう(yeah i translated it, im not advanced yet)

by Ownyt

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