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 Polygon network.
#3 ApeSwap
ApeSwap is decentralized exchange, where users can:
- Trade - buy and sell crypto tokens
- Farm - users can stake LP tokens and earn BANANA rewards
Supported blockchains: BSC, Polygon
#2 PolyLion
PolyLion is a DeFi solution, where users can:
- Trade - buy and sell crypto tokens
- Farm - users can stake LP tokens and earn LION rewards
- Referrals - users receive 9% from their referral earnings
Supported blockchain: Polygon
#1 Sushi
SushiSwap is one of the biggest DeFi services providers, where users can:
- Trade - buy and sell crypto tokens
- Farm - users can stake LP tokens and earn SUSHI rewards
- Lend/Borrow - users can lend crypto tokens, use this balance as collateral and eventually borrow
Supported blockchains: Ethereum, Polygon, Arbitrum,ย Avalanche, Moonbeam, Moonriver, Fantom, BSC, Gnosis, Harmony, Telos EVM, Celo, Fuse, OKEx, Heco and Palm
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