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Author Topic: DeFi means?  (Read 7711 times)

Offline EAA-ALLAH

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DeFi means?
« on: September 11, 2020, 10:21:58 AM »
What is DeFi? What is the features of DeFi?

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DeFi means?
« on: September 11, 2020, 10:21:58 AM »

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Re: DeFi means?
« Reply #1 on: September 11, 2020, 04:08:44 PM »
What is DeFi? What is the features of DeFi?
Please check my post on Defi.
Link: https://www.altcoinstalks.com/index.php?topic=169340.0

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Re: DeFi means?
« Reply #2 on: September 18, 2020, 05:26:03 AM »
Ethereum ‘s new rising star on the DeFi sector is called PICKLE, after the vegetable. In a space where the rise and fall of tokens named after food is part of everyday trading, PICKLE has managed to attract the attention of important members of the crypto community. Part of the DeFi pickle.finance protocol, Vitalik Buterin praised its governance model.

In the past, Buterin has shown reservations about the current state of the Ethereum DeFi sector and its sustainability. However, PICKLE has features that have made it different from other “food-tokens”, such as SUSHI, HOTDOG, KIMCHI, among others. The co-creator of Ethereum stated the following after the launch of pickle.

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Re: DeFi means?
« Reply #3 on: October 14, 2020, 02:36:24 PM »
In August and September, the decentralized finance (DeFi) space was in a state of frenzy: random food farming strategies were yielding tens of thousands of percent APY while more reputable pools, paying out coins to thousands of users, was generating yields on orders of magnitude higher than bank accounts.

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Re: DeFi means?
« Reply #4 on: October 14, 2020, 06:10:43 PM »
DeFi is a new ecosystem on blockchain and cryptocurrency that will continue to grow, where DeFi is a peer to peer network that allows people to get funding by pledging cryptocurrency. Defi is a current crypto trend and almost all eyes glance at and enjoy the benefits of Defi
« Last Edit: October 17, 2020, 01:15:42 PM by pedangrusak »
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Re: DeFi means?
« Reply #5 on: October 14, 2020, 07:51:49 PM »
DeFi is a new ecosystem on blockchain and cryptocurrency that will continue to grow, where DeFi is a peer to peer network that allows people to get funding by pledging cryptocurrency.
Defi is an online financial loan, I don't understand the system yet !?  Can anyone guarantee that the borrowed assets will be returned?  Can you explain !?  Or where can I find this Information?

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Re: DeFi means?
« Reply #6 on: October 14, 2020, 10:25:12 PM »
DeFi is a new ecosystem on blockchain and cryptocurrency that will continue to grow, where DeFi is a peer to peer network that allows people to get funding by pledging cryptocurrency.
Defi is an online financial loan, I don't understand the system yet !?  Can anyone guarantee that the borrowed assets will be returned?  Can you explain !?  Or where can I find this Information?

Defi is not a loan. It is an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries.
For full knowledge about Defi, please read on this link;
https://googleweblight.com/sp?u=https://academy.ivanontech.com/blog/decentralized-finance-what-is-defi-and-why-do-we-need-it&grqid=ogRUchUp&hl=en-NG

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Re: DeFi means?
« Reply #6 on: October 14, 2020, 10:25:12 PM »


Offline Rakin343

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Re: DeFi means?
« Reply #7 on: October 15, 2020, 04:31:45 AM »
DeFi stands for “decentralized finance” and refers to the ecosystem comprised of financial applications that are being developed on top of blockchain systems.
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Offline Magepai

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Re: DeFi means?
« Reply #8 on: October 15, 2020, 04:32:36 AM »
The DeFi project is a coin related to the blockchain of cryptocurrencies.  At present, people are leaning more towards DeFi. The popularity of this coin is increasing day by day.
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Offline Rakin343

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Re: DeFi means?
« Reply #9 on: October 15, 2020, 04:57:47 AM »
What is DeFi? What is the features of DeFi?
[/quote
Defi is a short abbreviation of decentralized finance. It concerns with lending, borrowing money to investors and traders.
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Offline Altcoin1998$

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Re: DeFi means?
« Reply #10 on: October 21, 2020, 09:23:21 AM »
What is DeFi? What is the features of DeFi?
The appropriate definition of DeFi, a decentralized finance process which joining together in a systematic way of finance and cryptocurrencies within decentralized exchange.
Its a open finance system which based Ethereum platform and support Erc20 and erc721 wallet s.
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Re: DeFi means?
« Reply #11 on: October 21, 2020, 12:50:09 PM »
DeFi stands for “decentralized finance” and refers to the ecosystem comprised of financial applications that are being developed on top of blockchain systems.
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Re: DeFi means?
« Reply #12 on: October 21, 2020, 02:56:34 PM »
It is an ecosystem of decentralized financial dapps and tokens. It would be like you trying to replicate traditional financial services in the world of cryptocurrencies, in a decentralized way. In this case, loans, wallets, stocks, decentralized exchanges, stablecoins, decentralized protocols.

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Re: DeFi means?
« Reply #13 on: October 22, 2020, 08:10:04 AM »
What is DeFi? What is the features of DeFi?
I don't know more about the decentralized finance (DeFi). But I already read all of above posts and write that DeFi is the decentralized finance process which joining cryptocurrency with finance within borderless permission less through out the world.

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Re: DeFi means?
« Reply #14 on: October 24, 2020, 02:23:39 AM »
What is DeFi? What is the features of DeFi?
DeFi : Decentralised Finance shortly known as DeFi. DeFi is a decentralized finance system which joining two platforms finance and cryptocurrencies.
Features :
* its permission less process that occuring without presence of third party.
* a Ethereum based platforms.
* support Erc20 and erc721 wallet
* MetaMask and myetherwallet are the best DeFi wallet.
* Uniswap the best exchange of DeFi.

 

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