What is DeFi?
DeFi stands for decentralized finance. The first decentralized finance platforms have launched on Ethereum blockchain few years ago. Now, DeFi platforms are built and operate on more than 10 blockchain networks. Today, we are going to take a look at the top performers, built or operating on Cronos network.
#3 CronaSwap
CronaSwap is the first DEX on Cronos blockchain, where users can:
- Trade - buy and sell crypto tokens
- Provide liquidity - users can provide liquidity and earn percentage of the trading fees
- Stake - users can stake single assets and earn high APY
- Boost - by locking tokens for specific time, users can boost their rewards
Supported blockchains: Cronos
#2 MM Finance
AMM and DEX, where users can:
- Trade - buy and sell crypto tokens
- Provide liquidity - users can provide liquidity and earn percentage of the trading fees
- Launchpad - users can participate in new projects
Supported blockchains: Cronos
#1 VVS Finance
One of the simplest DeFi platforms on Cronos, where users can:
- Trade - buy and sell crypto tokens
- Provide liquidity - users can provide liquidity and earn percentage of the trading fees
- IGO (Initial Gem Offering) - opportunity for users to join new Cronos projects
Supported blockchains: Cronos
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