Read DeFi News, Opinion and Analyses Created By Users


11,282 Articles 292 Followers

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.

Know Unslashed Finance – Your Crypto Insurer

3 Dec 2021 5 minute read 3 comments paragism

More than $110 billion is locked in DeFi or decentralized finance today. Permissionless and participatory DeFi protocols have caught the attention of people and the TVL (total value locked) has skyrocketed in recent times. Decentralized trading, deri...

How Generous Is Your Business?

3 Dec 2021 1 minute read 0 comments vwilliams

In this episode Valerie Williams,of Dimensional Talent Streams shares some key benefits on area's of generosity that have been overlooked & taken for granted.   In the midst of her sharing on the various aspects of Generosity she releases some keys... add BICO coin

3 Dec 2021 1 minute read 3 comments Random_name6942

Biconomy (BICO In short) is now listed on the App. but what is buconomy? Bico is an ethereum-based altcoin that is powered by the economy. is a A network that aims to cheaply connect Users can connect to any decentralized application....

Junca Cash: The Key Cryptocurrency of the Junca Platform

3 Dec 2021 3 minute read 0 comments Top ICO

Nowadays most people have chosen to make payments using modern online payment systems. By using this payment system, users can make transactions more quickly and securely from their devices. Especially after Satoshi launched cryptocurrency, the g...

123swap is the Solution for Crypto and NFT Trading

3 Dec 2021 3 minute read 0 comments Bitloca

  Abstract Now it is easier for people to do crypto exchanges. There are many crypto exchange platforms that users can use for their trades. For example, now users can use a decentralized crypto exchange platform that allows users to easily connect...

How to Use Etherscan | Guide + Strategy

3 Dec 2021 2 minute read 0 comments Fizz on my Jayce

Hello everyone, today I would like to show you briefly how etherscan looks and works and show you a very effective strategy related to this. What is Etherscan   Etherscan is a portal which is an explorer of the ethereum blockchain. You can type you...

LUNA, LINK, UNI, DAI and CETH: Top 5 best DeFi crypto in 2021!

3 Dec 2021 3 minute read 0 comments

There is noise on the financial side. There is even noise due to the landing of DeFi (Decentralized Finance). At the origin of this din, the blockchain which brings back a whole series of issues: transparency, instantaneity, access by the large numbe...

03 DEC 2021 (FRI)- Compound (COMP) Report Card

3 Dec 2021 4 minute read 2 comments quantdoge

Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...

CropBytes - Farming Simulation Crypto NFT Game

3 Dec 2021 1 minute read 0 comments Novasky

It's been a while since I last covered the game on the blockchain. So here's a new game that I have found out. I am sure many of you may be aware of it if you are checking out the TRON community. So CropBytes is the game that allows you to farm and e...

6 CEOs including Circle, FTX, Coinbase 12/8 went to the House to discuss the future of digital assets

3 Dec 2021 2 minute read 1 comment parismexi

The Financial Services Commission announced on its official Twitter today (2) that it will invite the chief executives of six major U.S. cryptocurrency companies (Circle, FTX, Bitfury, Paxos, Stellar Developer Foundation and Coinbase) to attend on De...