Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on March 21, 2021, 07:35:59 PM
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Anyone can use DeFi products by going to an application’s website and connecting with a MetaMask wallet or something similar. Most DeFi dapps do not require users to give up any personal information or register, but ETH is required in order to pay for transactions on the Ethereum network. Source (https://decrypt.co/resources/defi-decentralized-finance-explained-guide-learn)
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Anyone can use DeFi products by going to an application’s website and connecting with a MetaMask wallet or something similar. Most DeFi dapps do not require users to give up any personal information or register, but ETH is required in order to pay for transactions on the Ethereum network. Source (https://decrypt.co/resources/defi-decentralized-finance-explained-guide-learn)
Recently most of the decentralized finance projects are ERC 20 based platform so I can't trade or use any Decentralized Finance products due to the high exessive Ethereum network fees.
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Anyone can use DeFi products by going to an application’s website and connecting with a MetaMask wallet or something similar. Most DeFi dapps do not require users to give up any personal information or register, but ETH is required in order to pay for transactions on the Ethereum network. Source (https://decrypt.co/resources/defi-decentralized-finance-explained-guide-learn)
Nowadays cryptocurrency has taken a very popular place in the Defi platform. Currently a lot of people are using the products of this platform.Because most of the tokens or coins on this platform have a very strong cryptocurrency position.
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There are many reasons why investors are interested in DeFi project coins but there are many. DeFi is currently investing more in project's to increase the transaction fees of Etherium platform. In fact, I have experienced the reality, but I have also invested in the DeFi project.
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Recently most of the decentralized finance projects are ERC 20 based platform so I can't trade or use any Decentralized Finance products due to the high exessive Ethereum network fees.
You are missing out on a lot of Defi projects if you are sticking with Ethereum.
A lot of DeFis that started in Ethereum are migrating to Binance Smart Chain like 1inch. Daily transactions are also higher on BSC. This goes to show that users are leaving and choosing platforms with cheaper fees. Another platform to consider is PolkaDot.
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Recently most of the decentralized finance projects are ERC 20 based platform so I can't trade or use any Decentralized Finance products due to the high exessive Ethereum network fees.
You are missing out on a lot of Defi projects if you are sticking with Ethereum.
A lot of DeFis that started in Ethereum are migrating to Binance Smart Chain like 1inch. Daily transactions are also higher on BSC. This goes to show that users are leaving and choosing platforms with cheaper fees. Another platform to consider is PolkaDot.
You really very rightly noticed the relative migration of quite promising and demanded defi projects to other platforms. But for example, to me personally, those projects that have a certain stability are most suitable, although I really understand that I am missing the opportunity to increase my profits several times. To a greater extent, I consider long-term investments in profitable projects, and observing those projects that carry out various manipulations, up to the transition to other platforms, alarms me and creates certain difficulties.
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Most of them not require any personal info
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The best usecase of Defi is anyone or anywhere in the world you can participate in every investment opportunity with no limits on the amount you want to spend this innovation in Finance is I think one of best when it comes to money you can earn without doing anything defi apps today are great source of passive income.
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The high cost of gas on the ethereum network may not affect investors who have a lot of money, there are currently many DeFi platforms on the blockchain network such as Tron, Waves, BSC, Eos and recently I saw a new project running Tesnet on the OKexChain Network.
There are many DeFi platforms that we can use to make a profit today and don't worry about high fuel costs because you can use other blockchain networks.
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Anyone can use DeFi products by going to an application’s website and connecting with a MetaMask wallet or something similar. Most DeFi dapps do not require users to give up any personal information or register, but ETH is required in order to pay for transactions on the Ethereum network. Source (https://decrypt.co/resources/defi-decentralized-finance-explained-guide-learn)
I think DeFi products are the best and most popular.Most DeFi platforms have good etherium Stays connected to.However, there are many blockchain networks of DeFi platforms The benefits are available.Due to which investors are currently using DeFi platforms.
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The Defi platform is currently undergoing massive improvement. Cryptocurrency has come to a massive improvement using the Defi platform. And the Defi platform will continue to improve in the future so people will use cryptocurrency the most.
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Anyone can use DeFi products by going to an application’s website and connecting with a MetaMask wallet or something similar. Most DeFi dapps do not require users to give up any personal information or register, but ETH is required in order to pay for transactions on the Ethereum network. Source (https://decrypt.co/resources/defi-decentralized-finance-explained-guide-learn)
Many use existing DeFi platforms The benefits are available. And DeFi is an impertinent Products that are currently gaining much more popularity.DeFi is one of the best cryptocurrency platforms.
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DeFi coins are currently the most popular cryptocurrency. Now that Ethereum's network fees are higher, everyone is more inclined to DeFi coins. Because by investing in this project, many people have got a lot of profit overnight, which is the reason why there is a high demand for decentralized finance.
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DeFi is currently one of the most popular and best platforms due to which it is currently very popular in cryptocurrency.This DeFi product will go a long way in the future.I think everyone invests in DeFi coins to get Ethereum's gas free surplus.DeFi is decentralized finance which has already become very popular.