There are currently a wide variety of active DeFi platforms, many of them were born in the ICO boom of 2017. Each and every one of them has its pros and cons, and most of them run on the Ethereum blockchain. All of this has made Ethereum the most important blockchain for the DeFi movement.
But let's get to know some of these DeFi platforms and what they offer us:
MakerDAO
MakerDAO is a well-known DAO that works on Ethereum, in order to create a DeFi ecosystem powered by its Maker token and its stablecoin pegged to the dollar, the DAI. The MakerDAO system allows the value of the Maker token to stabilize the value of DAI through a dynamic system of Guaranteed Debt Positions (CDP), autonomous feedback mechanisms and duly incentivized external actors.