Ok, here’s the deal.
We have been looking into DeFi projects for quite a while now, and, finding them particularly interesting, started to add all these great assets to our platform. This is what we do best, obviously. Uniswap UNI was among the latest added DeFi assets we have added
Most probably, these are just the first steps of Swapzone working with Decentralized Finance. However, we could not resist spreading the word.
What is Defi?
Besides being the hottest topic of cryptocurrency at the moment, DeFi (Decentralized Finance) are financial services using smart contracts. Most of the projects are built on Ethereum and are serving the goal of exchanging assets in a completely decentralized way. You can look up Uniswap, for instance. There are other things DeFi projects can do and do already:
- Borrowing and lending
- Betting
- Creating and exchanging derivatives
- Buying cryptocurrencies and more...
Currently, DeFi is considered to be one of the easier ways to onboard cryptocurrency and a possible gateway to wider adoption.
You can also learn more about Decentralized Finance, how it works, and what are the goals from our CEO's interview with Marc Zeller of Aave:
The list of supported assets right now is pretty vast and we're expanding it at quite a pace:
- Chainlink
- DAI
- Yearn.finance
- Aave
- Maker
- Uniswap
- Synthetix Network Token
- Compound
- 0x
- Loopring
- Kyber Network
- Augur
- Band Protocol
- DFi.Money
- Reserve Rights
- Ampleforth
- Balancer
- JUST
- BitShares
- Kava
- ThorChain
- Bancor
- And many more tokens you can check out directly at https://swapzone.io/
