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Author Topic: Decentralized finance (DeFi)?  (Read 811 times)

Offline DragonHeart

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Decentralized finance (DeFi)?
« on: May 16, 2021, 11:40:32 AM »

DeFi is an open and global financial system built for the internet age – an alternative to a system that's opaque, tightly controlled, and held together by decades-old infrastructure and processes. It gives you control and visibility over your money. It gives you exposure to global markets and alternatives to your local currency or banking options. DeFi products open up financial services to anyone with an internet connection and they're largely owned and maintained by their users. So far tens of billions of dollars worth of crypto has flowed through DeFi applications and it's growing every day.
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Decentralized finance (DeFi)?
« on: May 16, 2021, 11:40:32 AM »

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Re: Decentralized finance (DeFi)?
« Reply #1 on: May 17, 2021, 05:45:33 AM »

DeFi is an open and global financial system built for the internet age – an alternative to a system that's opaque, tightly controlled, and held together by decades-old infrastructure and processes. It gives you control and visibility over your money. It gives you exposure to global markets and alternatives to your local currency or banking options. DeFi products open up financial services to anyone with an internet connection and they're largely owned and maintained by their users. So far tens of billions of dollars worth of crypto has flowed through DeFi applications and it's growing every day.
Source
Thank you so much for discussing Daffy Coin in detail.Now the demand for Defy Token is the highest.Because the price of these coins is much higher now.

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Re: Decentralized finance (DeFi)?
« Reply #2 on: May 17, 2021, 02:43:32 PM »

DeFi is an open and global financial system built for the internet age – an alternative to a system that's opaque, tightly controlled, and held together by decades-old infrastructure and processes. It gives you control and visibility over your money. It gives you exposure to global markets and alternatives to your local currency or banking options. DeFi products open up financial services to anyone with an internet connection and they're largely owned and maintained by their users. So far tens of billions of dollars worth of crypto has flowed through DeFi applications and it's growing every day.
Source
Thank you so much for discussing Daffy Coin in detail.Now the demand for Defy Token is the highest.Because the price of these coins is much higher now.
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Re: Decentralized finance (DeFi)?
« Reply #3 on: May 17, 2021, 03:13:49 PM »

DeFi is an open and global financial system built for the internet age – an alternative to a system that's opaque, tightly controlled, and held together by decades-old infrastructure and processes. It gives you control and visibility over your money. It gives you exposure to global markets and alternatives to your local currency or banking options. DeFi products open up financial services to anyone with an internet connection and they're largely owned and maintained by their users. So far tens of billions of dollars worth of crypto has flowed through DeFi applications and it's growing every day.
Source
Thank you so much for discussing Daffy Coin in detail.Now the demand for Defy Token is the highest.Because the price of these coins is much higher now.

I think you have got something mixed up, there is no such thing as Daffy Coin or Defy Token :D DeFi itself is the system of decentralised finance within which different tokens exist.

Saying the infrastructure behind defi is decades old is a bit of an exaggeration since blockchain technology has only emerged in the past less than 15 years, but you are right, it is a very popular and fast-growing financial area.
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Re: Decentralized finance (DeFi)?
« Reply #4 on: May 17, 2021, 11:25:25 PM »
You definition of DeFi covers everything about it but do you knows that defi in book and whitepaper differs from reality. The defi every investor want to associate their self with is the one that can be easily shilled, talk about and bring money to the table easily.
Otherwise, I wonder what used to happen after all the hype, the projects get pump and after a while, it gets dump back to where it began.
I have seen a defi project that has never gave up, which is Solana. They are gem penetrating every community without hype but real products of DeFi
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Offline zilzylian

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Re: Decentralized finance (DeFi)?
« Reply #5 on: May 22, 2021, 12:48:01 AM »

The decentralized financial system has made everyone choose the DeFi platform to take advantage of a number of advantages offered by this platform, I have seen DeFi platforms like Sovryn, Apeswap, Uniswap and other platforms giving APY above 100%.
Investors have chosen the DeFi platform they want, with smart contracts connected to the Blockchain, making the financial system easier to see, safe and transparent.

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Re: Decentralized finance (DeFi)?
« Reply #6 on: May 22, 2021, 04:22:45 PM »

DeFi is an open and global financial system built for the internet age – an alternative to a system that's opaque, tightly controlled, and held together by decades-old infrastructure and processes. It gives you control and visibility over your money. It gives you exposure to global markets and alternatives to your local currency or banking options. DeFi products open up financial services to anyone with an internet connection and they're largely owned and maintained by their users. So far tens of billions of dollars worth of crypto has flowed through DeFi applications and it's growing every day.
Source
AT present running trend is Defi project so everyone wants to invest defi project . But now the market trend is not good so we have to wait someday after Fud we can invest. your information will help the new investors.

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Re: Decentralized finance (DeFi)?
« Reply #6 on: May 22, 2021, 04:22:45 PM »


Online Altcoin1998$

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Re: Decentralized finance (DeFi)?
« Reply #7 on: May 22, 2021, 11:17:06 PM »
In recently most of the projects are signed with red mark due several causes,, china governments already declared cryptocurrencies as banned and Elon musk announcements already hampared cryptocurrencies market badly. So I never thought anything positive about cryptocurrencies market.
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Re: Decentralized finance (DeFi)?
« Reply #8 on: May 25, 2021, 06:06:23 PM »
DeFi is a decentralized finance that is already moving around the world. I think these defi palatfrom will be the most popular in the future. DeFi is already the largest investor in cryptocurrency.

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Re: Decentralized finance (DeFi)?
« Reply #9 on: May 27, 2021, 07:16:55 AM »
We mean decentralized Finance The short from of DeFi. Nowadays Defi Project Cryptocurrency has gained a lot of popularity.The projects of this DeFi are in the best position of cryptocurrency. Defi platform is much more modern and reliable than other platforms.So I think DeFi is really amazing platform.
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Offline Rockalo

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Re: Decentralized finance (DeFi)?
« Reply #10 on: May 27, 2021, 10:44:11 AM »
Currently most of the projects are Defi projects. The spread of these projects around the world has greatly increased. Most of the projects are improving as a result of defi implementation. The defi projects help to further increase the transactions of the digital ecosystem in the cryptocurrency market. The number of such projects is high all over the world. These projects have greatly expanded the global cryptocurrency market.

 

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