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Author Topic: Why is DeFi important?  (Read 4079 times)

Offline Monster5

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Why is DeFi important?
« on: September 19, 2022, 05:12:31 AM »
DeFi takes the basic premise of Bitcoin — digital money — and expands on it, creating an entire digital alternative to Wall Street, but without all the associated costs (think office towers, trading floors, banker salaries). This has the potential to create more open, free, and fair financial markets that are accessible to anyone with an internet connection.

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Why is DeFi important?
« on: September 19, 2022, 05:12:31 AM »

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Offline Fighter

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Re: Why is DeFi important?
« Reply #1 on: September 19, 2022, 05:28:31 AM »
Some of the key attractions of DeFi for many consumers are: It eliminates the fees that banks and other financial companies charge for using their services. You hold your money in a secure digital wallet instead of keeping it in a bank. Anyone with an internet connection can use it without needing approval.

Offline Sezo Fernandez

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Re: Why is DeFi important?
« Reply #2 on: November 07, 2022, 04:28:38 AM »
AA+ is another DRC20 token on DucatusX blockchain and the native token of the AA+DEX which is going live on 2/2/23!

With a total limited supply of $21million and  an initial circulating supply of less than $1million, AA+ would give early buyers great opportunity.

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Re: Why is DeFi important?
« Reply #3 on: February 02, 2024, 10:46:21 AM »
There are many reasons why DeFi tokens are important nowadays. It has a good financial system. It works like a decentralized blockchain network so that it can be used by people without the services of banks. These tokens allow you to invest and hold the money that you will be able to profit from in the future on a larger scale. There are also many reasons why this is important.

Offline Wiseman

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Re: Why is DeFi important?
« Reply #4 on: February 16, 2024, 07:49:35 AM »
Basically DeFi is important for us because it is completely decentralized and gives the possibility to be anonymous or to use who can be blocked on centralized exchanges, at the moment we see that there is more and more integration and people can use even more liquidity from centralized exchanges and trade futures.
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Offline FOKA33

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Re: Why is DeFi important?
« Reply #5 on: March 06, 2024, 08:57:25 AM »
Basically DeFi is important for us because it is completely decentralized and gives the possibility to be anonymous or to use who can be blocked on centralized exchanges, at the moment we see that there is more and more integration and people can use even more liquidity from centralized exchanges and trade futures.
Defi coins has greater transparency, efficiency and security. Defi coins are coins that have greater potentials in the crypto market,  there's a probability that defi coins will grow and have mass adoption leading to its increases in price.

Offline Wiseman

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Re: Why is DeFi important?
« Reply #6 on: March 25, 2024, 08:10:33 AM »
Basically DeFi is important for us because it is completely decentralized and gives the possibility to be anonymous or to use who can be blocked on centralized exchanges, at the moment we see that there is more and more integration and people can use even more liquidity from centralized exchanges and trade futures.
Defi coins has greater transparency, efficiency and security. Defi coins are coins that have greater potentials in the crypto market,  there's a probability that defi coins will grow and have mass adoption leading to its increases in price.

What coins are you writing about? I think the conversation here is not about coins, but about an ecosystem that is decentralized and not about decentralized coins, which in fact almost all are decentralized, except for some of which there are actually very few.
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Re: Why is DeFi important?
« Reply #6 on: March 25, 2024, 08:10:33 AM »


Offline damsix

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Re: Why is DeFi important?
« Reply #7 on: March 27, 2024, 03:40:22 AM »
Basically DeFi is important for us because it is completely decentralized and gives the possibility to be anonymous or to use who can be blocked on centralized exchanges, at the moment we see that there is more and more integration and people can use even more liquidity from centralized exchanges and trade futures.
Defi coins has greater transparency, efficiency and security. Defi coins are coins that have greater potentials in the crypto market,  there's a probability that defi coins will grow and have mass adoption leading to its increases in price.
What coins are you writing about?
What do you think is the best DeFi coin to invest in right now?
Do you think UNiswap and PancakeSwap coins are good? Or are UNIswap and Pancakeswap not considered DEFI coins?

I think the conversation here is not about coins, but about an ecosystem that is decentralized and not about decentralized coins, which in fact almost all are decentralized, except for some of which there are actually very few.
Is this conservation going to be off topic?
Because I see the title of this topic is that Defi is really needed in various ecosystems in cryptocurrency.
I like DEFI because it makes it so easy to move various cryptocurrency assets to various wallets, such as DOGE, BTC, MONERO, Ethereum.

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Offline Wiseman

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Re: Why is DeFi important?
« Reply #8 on: March 27, 2024, 07:50:35 AM »
What do you think is the best DeFi coin to invest in right now?
Do you think UNiswap and PancakeSwap coins are good? Or are UNIswap and Pancakeswap not considered DEFI coins?

I consider coins from UNIswap and Pancakeswap exchanges as coins but you don't take into account that these are all exchanges and I meant that DeFi itself is all coins in cryptocurrency and not only from DeFi exchanges, if it's fundamental for you then fine, as you wish, consider decentralized coins only from decentralized exchanges).
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