Read DeFi News, Opinion and Analyses Created By Users

DeFi

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Decentralized Finance, DeFi for short, is a term used to describe the decentralized services and products made possible with the help of decentralized technology. Example of DeFi includes lending services, decentralized exchanges, marketplaces, stablecoins, derivative platforms and much more. Other entities in the ecosystem include infrastructure platforms, payment providers and custodians.

Decentralized finance is an upgrade of traditional financial systems, which are centralized and as a result of this centralization, prevents a lot of individuals from accessing financial services and contributing to the global economy. The primary advantage of DeFi products is its ability to cater to the unbanked and undocumented, which form the majority of the world’s population. Many Defi entities describe this as being the most salient feature of decentralized systems.

These open source financial initiatives is a key part in the growth of the crypto ecosystem, as several projects have built their services and products on reducing the trust involved in financial services. This is in contrast to “fintech”, which primarily focuses on new emerging systems that are beneficial, but centralized.

The DeFi ecosystem has been steadily growing since the launch of projects during the boom of 2017, and current statistics show the total value locked in the ecosystem to be roughly $471 million. Examples of platforms include the MakerDAO ecosystem, Augur, Bancor and the Kyber Network.

Given that decentralized finance tools is at its optimum with a greater number of users, multiple scaling solutions, such as second layer protocols, are being worked on - including the Lightning Network, which has been growing in usage over the past year. 

In this tag, read more about decentralized finance (DeFi) news, price predictions, opinions and analyses created by users.


What is Aave? A Decentralized Finance Platforn on the Ethereum Blockchain Worth Your Attention

7 hours ago 2 minute read 0 comments Wstanley224

What is Aave? A Decentralized Finance Platforn on the Ethereum Blockchain Worth Your Attention Aave, formerly Ethlend, is a decentralized finance platform similar to Compound Finance. The platform launched on the Ethereum Mainet in January of 2020, a...

The 1inch DEX Aggregator ... The Real DeFi Swap Market

1 day ago 1 minute read 0 comments stereoIII6

Everyone thats into swapping coins at the best rate should seriously read this NOW ! 1inch is not a leverage trading exchange ... but it sure is the #1 crypto forex site you will find in the web ! Check out this simply awesome must have tool for eve...

Bitcoin Association Switzerland has launched a Bitcoin stablecoin on Tezos

1 day ago 1 minute read 0 comments Allen Walters

Quick newsflash: Bitcoin Association Switzerland kicks off the DeFi ecosystem on Tezos with a Bitcoin-backed stablecoin. tzBTZ will be usable in Tezos smartcontracts.    "tzBTC brings the liquidity and battle-tested brand of Bitcoin (BTC) into the Te...

Bitpanda & Speedinvest Partnership

1 day ago 1 minute read 0 comments Ascii4rt

Bitpanda partners with Speedinvest So what dose this mean for all of you out there who are already using Bitpanda? More assets! Bitpanda is doing its part to give you a easy and good way to invest in assets, digital and physical. The partnership with...

Passive/Semi Passive income in Crypto

2 days ago 6 minute read 5 comments Basalt

Your time is precious. I’ll try to keep this short and sweet.  Who is this for? Practical people who want to earn income. That means I won’t be recommended buying and holding whatever ‘potential’ coins. I would recommend converting all gains to sta...

CoinFalcon Learn - Guide to Decentralized Finance (DeFi) Part Two

2 days ago 6 minute read 2 comments cam_elica_24

  In the Part One of this series, we introduced Decentralized Finance (DeFi) and why it is the solution to the many drawbacks of our current traditional financial system. We also broke down the differences between DeFi and FinTech. In this episode, w...

USDJ Stablecoin | Everything you need to know about - JUST Network | Tron Blockchain

2 days ago 1 minute read 0 comments ultron91x

Hello Folks, In this video, i talked about a new platform which is "JUST Network" and a quality asset aka stablecoin "USDJ" which is offered by Tron Blockchain. I have covered mostly everything about this platform in this video. I hope you will like...

DeFi | BlockFi First Impression

2 days ago 2 minute read 1 comment costanza

I'm always looking for ways to earn some passive income even if it's small. DeFi has been somewhat of a buzzword the last year and I finally started to look into it more to possibly put some of my long term crypto holdings to work earning some intere...

Lien — A Novel Crypto-backed Stablecoin Design Without Overcollateralization or Governance

5 days ago 3 minute read 6 comments rhyzom

Lien was recently announced (white paper dated April 1st, 2020) DeFi project which describes a new stablecoin mechanism where Ether (ETH) is sliced into two tranches of derivatives — Solid Bond Tokens (SBTs) and Liquid Bond Tokens (LBTs). LBTs absorb...

Binance Launches BiDAO: Differences With MakerDAO (DeFi)

5 days ago 1 minute read 2 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

The big trend launched in recent years is certainly that of 𝔻𝕖𝔽𝕚. I had already talked about MakerDAO And DAI (The Most Interesting DeFi Projects), now 🄱🄸🄽🄰🄽🄲🄴 also wanted to enter this market with 𝓑𝓲𝓓𝓐𝓞.Official site: BiDAOThere is also an important...