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Author Topic: What is DeFi Ethereum?  (Read 9627 times)

Offline EAA-ALLAH

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What is DeFi Ethereum?
« on: September 12, 2020, 09:12:57 AM »
DeFi is an abbreviation of the phrase decentralized finance which generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum. In simpler terms, it's financial software built on the blockchain that can be pieced together like Money Legos.
« Last Edit: September 12, 2020, 09:16:18 AM by EAA-ALLAH »

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What is DeFi Ethereum?
« on: September 12, 2020, 09:12:57 AM »

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Re: What is DeFi Ethereum?
« Reply #1 on: September 12, 2020, 11:37:41 AM »
Your information is well reasoned. Although I have already published the information. I have already said in a post. You go ahead and your opinion matches mine. Thanks. 

Offline EAA-ALLAH

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Re: What is DeFi Ethereum?
« Reply #2 on: September 12, 2020, 12:07:17 PM »
Your information is well reasoned. Although I have already published the information. I have already said in a post. You go ahead and your opinion matches mine. Thanks.
Welcome sir. We are the part of our forum. So we keep continuing to update all information regarding cryptocurrency and DeFi here.

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Re: What is DeFi Ethereum?
« Reply #3 on: September 13, 2020, 09:05:34 AM »
DeFi projects are now moving to other platforms such as Tron and NEO due to the complexity and congestion of the ethereum network. In my opinion, their current main value lies in the fact that they provide the ability to conclude lending, loan, depository and other transactions that are automatically executed by smart contracts. Previously, this was very problematic and was generally considered the prerogative of banks. Now cryptocurrency has begun to really compete with banks.

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Re: What is DeFi Ethereum?
« Reply #4 on: September 15, 2020, 04:47:01 PM »
DeFi projects are now moving to other platforms such as Tron and NEO due to the complexity and congestion of the ethereum network. In my opinion, their current main value lies in the fact that they provide the ability to conclude lending, loan, depository and other transactions that are automatically executed by smart contracts. Previously, this was very problematic and was generally considered the prerogative of banks. Now cryptocurrency has begun to really compete with banks.

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Re: What is DeFi Ethereum?
« Reply #5 on: September 16, 2020, 08:23:48 AM »
DeFi is an abbreviation of the phrase decentralized finance which generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum. In simpler terms, it's financial software built on the blockchain that can be pieced together like Money Legos.
Decentralized Finance shortly named as DeFi which combine  fiat and cryptocurrency.
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Re: What is DeFi Ethereum?
« Reply #6 on: October 06, 2020, 07:53:51 PM »
DeFi is a short abbreviation of decentralized finance. Decentralized finance normally bonds with cryptocurrencies and decentralized finance with loans, borrowering and lending money to the investors and traders. DeFi Ethereum just the Ethereum based DeFi.

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Re: What is DeFi Ethereum?
« Reply #6 on: October 06, 2020, 07:53:51 PM »


Offline Altcoin1998$

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Re: What is DeFi Ethereum?
« Reply #7 on: October 07, 2020, 04:33:27 AM »
DeFi means decentralized finance and DeFi Ethereum means the based of DeFi which is Ethereum based platforms. But nowadays every all projects are arranging in DeFi but before investing you should investigate the projects value, team, and roadmap.
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Re: What is DeFi Ethereum?
« Reply #8 on: October 11, 2020, 10:33:48 PM »
I don't know nothing about DeFi projects but DeFi is the decentralized finance but DeFi is a completely new platform in cryptocurrencies market. DeFi is a decentralized finance which generally combine cryptos and finance together.

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Re: What is DeFi Ethereum?
« Reply #9 on: October 13, 2020, 10:45:27 AM »
DeFi is an abbreviation of the phrase decentralized finance which generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum. In simpler terms, it's financial software built on the blockchain that can be pieced together like Money Legos.

Your information about DeFi is very accurate. This information about DeFi is unknown to many as it was unknown to me but I understood more beautifully after reading your informative post.  Thank you bro.
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Re: What is DeFi Ethereum?
« Reply #10 on: October 15, 2020, 05:10:41 AM »
It means defi projects are decentralized finance systems which are accounted in Ethereum based platform.
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Re: What is DeFi Ethereum?
« Reply #12 on: October 17, 2020, 11:06:43 PM »
In the heyday of ICO, the Ethereum Platform became one of the most popular platforms for building ICO projects.  Likewise today, when DEFI was Booming, the Ethereum platform was again the number one platform where DEFI projects were founded.
True. I think Ethereum's nickname as king of altcoin is apt. Ethereum dominates the DeFi project at the moment and has a positive impact on ethereum prices
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Re: What is DeFi Ethereum?
« Reply #13 on: October 20, 2020, 02:38:53 AM »
It means defi projects are decentralized finance systems which are accounted in Ethereum based platform.
Decentralised Finance (DeFi) completely a Ethereum based platforms which already gained popularity in CMC. But many people think DeFi a temporary hype.
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Re: What is DeFi Ethereum?
« Reply #14 on: October 23, 2020, 08:33:19 AM »
DeFi is a Ethereum based platforms and hence also called Ethereum DeFi.
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