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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.

Alpha Homora — 3x Uni Yields (WARNING: HIGH RISK)

14 Oct 2020 3 minute read 0 comments GabrielHaines

Right out of the gate we want to make it clear, this is a risky venture with high risks and correspondingly high rewards. It involves both lending and a risk of liquidation so be sure you understand the risks. For some quick background, we’ll be look...

Last Chance For $50 Bonus. CRO Token Value & All the Reasons Why

14 Oct 2020 2 minute read 0 comments BlueSkyCrypto

As of November 1st will be changing the Bonus structure for new members. As of right now, if you download the app you can earn yourself an extra $50.00 for staking CRO coin, which is's Utility token. Not only will you...

How To Guarantee Massive Gains In Crypto Bull Cycles

14 Oct 2020 2 minute read 1 comment Sapphire

Skin In The Game So many People jumped on the "Crazy Gains" bandwagon back in 2017 in the hopes of multiplying their investments exponentially. What actually transpired was quite the opposite, with many newbies losing more than their shirts! The sudd...

DEXTokenDeFined simple explanation

14 Oct 2020 1 minute read 6 comments Andre33

What is Dextoken protocol? “The Dextoken protocol uses Speculative AMM to ensure token pool liquidity and benefit DEXG token holders by rewarding them a portion of the transaction fee.” So what is that mean at all? Let’s explain it word by word; AMM,...

Uniswap Has Its First Governance Proposal

14 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

The first governance proposal on Uniswap is currently underway, with DeFi platform Dharma behind the first proposal, according to a tweet posted on October 13. The proposal sees the governance community vote on quorum and proposal thresholds, which...

Bitcoin : The TSUNAMI of Institutional Investors Started With STONE RIDGE, Square, MicroStrategy - Winklevoss

14 Oct 2020 1 minute read 0 comments Digital Asset Culture - YouTube Channel - France

Tyler Winklevoss, a few days ago, announced, that he thinks, that a Tsunami of Institutional investors, are going to arrive on Bitcoin. A group of already 15 SUPER BIG Institutional Investors already Entered on Bitcoin Among them, we find MicroStrat...

DeFi Pulse Introduces Safety Rating Metric

14 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

DeFi data platform DeFi Pulse has launched a new safety rating metric in partnership with digital asset modeling platform Gauntlet, according to an announcement made on October 14. DeFi Pulse and Gauntlet launched the alpha version “Economic Safety...

DEXToken protocol - Detailed analysis and comparative study at a glance

14 Oct 2020 6 minute read 6 comments Oenomel

Ever since the birth of the miracle of man, his creations have often amazed the world. The twentieth-century Internet has played a vital role in uniting the world to a certain extent, a repository of much cultural diversity. Bitcoin, the first crypto...

Kira Network

14 Oct 2020 2 minute read 0 comments CryptoTrainee

  Overview Kira is the first DeFi solution built in Tendermint and Cosmos SDK with liquid staking, using a Multi-Bonded Proof of Stake (MBPoS), powered by Tendermint and that belongs to the Byzantine Fault Tolerant consensus protocols. Kira is a cro...

Tron Yield Farming - Huobi Token Liquidity Pool, T2X TRX, Zebra DeFi, SharkPool SRX DiceShark TTH

14 Oct 2020 1 minute read 0 comments kingscrown

      Today i show how to do liquidity mining on and how to do it with HT Huobi token. Links from the video to yield farms on TRON which will get you started: PeachPool Zebra DeFi