Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on March 27, 2021, 11:58:10 PM
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The decentralized finance market actively shortens banks worldwide by providing users with friction-free financial instruments usable for imaginable purposes. From crypto-collateralized loans that entail no credit checks or submission of personal data to earning huge APYs by depositing liquidity on Automated Market Makers (AMMs). Everything happens in a decentralized and non-custodial manner, staying true to the cryptocurrency ethos of trustless financial systems.
Any DeFi user is aware that opportunity rests just around the corner, with most enthusiasts earning above 10% on their investments. Since we find ourselves in the middle of the bull market, users wish to attain even higher profits on their investments. An understandable desiderate, but often impossible due to a lack of additional liquidity. Converting more fiat is always possible, but not always an option. On the other hand, standard crypto-collateralized loans provide additional liquidity without missing out on coin value growth, but the digital assets must be idle. Source (https://cryptonews.net/500556/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)