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 Harmony network.
#3 Sushi
An evolution of Uniswap, where users can:
- Swap - buy and sell crypto tokens
- Provide liquidity - users can stake their LP tokens and earn SUSHI rewards
- Lend/Borrow - users can lend their crypto assets and use them as collateral for eventual borrowings
Supported blockchains: Ethereum, Polygon, Arbitrum, Avalanche, Moonbeam, Moonriver, Fantom, BSC, Gnosis, Harmony, Telos EVM, Celo, Fuse, OKEx, Heco and Palm
#2 ViperSwap
DEX and yield farm, where users can:
- Swap - buy and sell crypto tokens
- Provide liquidity - users can stake their LP tokens and earn VIPER rewards
Supported blockchains: Harmony
#1 Tranquil Finance
DeFi super app, where users can:
- Lend/Borrow - users can lend their crypto assets and use them as collateral for eventual borrowing (rewards applied)
Supported blockchains: Harmony
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