Nord Finance is not bad at all with savings, loans, advisory and many more. The only con is it's built on Ethereum and fees will be high.
I could add Synthetix to your list - outstanding derivatives liquidity protocol.
Topic: Some DeFi Gems To Watchout For in 2021 - page 2. (Read 359 times)
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because as i know they have smart team with great development inside the project
AFAIK fantom is not a defi project and it's already existed since a few years ago. Unilend is quite better than fantom even unilend being launched last year and it gives a very big return to the investors.
I have been watching fantom and there's no interesting stuff was coming from this project too.
That being said if fantom is less popular compared with the defi coin like unilend that has been making a lot of ROI too.
These days the defi lending services are in demand.
KAVA is being recommended on several sites.
I was also interested in this issue, and after analyzing the most promising options, I realized that Uniswap, Maker, Aave, Synthetix and Yearn Finance are best. In my opinion, these projects have good prospects. But institutional investors will work with Bitcoin and Ethereum: Crypto giants with an impeccable reputation.
From the look of things, it's quite true that many upcoming projects are looking in the DeFi ecosystem in other to bring decentralized finance, but also we should try and understand that not all will make it in the long run, many will just be around for a while, some will turn to pump and dump and others will just be dead sooner than later, however only few that have what it takes and knows what it means to be a DeFi project will make it big at the end, and we are already seeing that in many top Defi projects. Also, it is true that many upcoming DeFi projects will turn out good, hence the need to take out time and understand what majority of them are actually working on and aiming to achieve.
I don't know about all majority of these aforementioned DeFi projects, but whichever you want to invest in, do well to carry out your own research, know the team's experience and their long term goals towards to growth of the platform, and also know how engaging and supportive the community is. Nevertheless, Reef looks like a good one, but I will need to do more study on it.
I don't know about all majority of these aforementioned DeFi projects, but whichever you want to invest in, do well to carry out your own research, know the team's experience and their long term goals towards to growth of the platform, and also know how engaging and supportive the community is. Nevertheless, Reef looks like a good one, but I will need to do more study on it.
I don't know much about these DeFi projects except Nord finance which is still a very brand new DeFi project but looks promising enough, though I plan on limiting DeFi tokens that I will hold for long, they are too risky for me, here are my few armies of DeFi that I believe are going to be big in 2021
1. Polkadot
2. Avalanche
3. ChainLink
4. Uniswap
1. Polkadot
2. Avalanche
3. ChainLink
4. Uniswap
Decentralized Finance is rapidly becoming the other of the day, as almost every system wants to go the DeFi way, which is quite normal, as no one would want to miss out on the benefits it offers.
The DeFi industry is considered to not only be the fastest rising industry in the global system, but also a very beneficial one, which is probably why everyone is adopting it, hence the introduction of different DeFi projects in the cryptocurrency industry.
Despite the number of DeFi projects flooding the cryptocurrency market, there are a few reliable ones to look out for this 2021, which will not only help improve the global system, but will also deliver unforeseen benefits to its users.
Outstanding DeFi Projects In 2021 To Watchout For
● UNILEND FINANCE
Unilend Finance is a fully decentralized and permissionless system, which makes use of the revolutionary smart contract to facilitate spot trading and the money market, for the benefit of the global users.
It allows users to participate in and benefit from spot trading, and still give them the opportunity of featuring in the money market by unlocking access to funds through lending and as well giving them the ability to earn from their fund through lending.
Unilend possesses great features which helps it offer the aforementioned services efficiently, so as to ensure that it's users benefit unrestrictedly from Decentralized Finance.
● REEF FINANCE
Reef Finance is developed as a DeFi operating system, which solves the problem of liquidity in the cryptocurrency industry and Simplifies the trading of digital currencies, as a way of driving its massive adoption.
It makes use of its smart liquidity aggregator which gets trading liquidity for cryptocurrency trading from different sources including DEXs and CEXs, just to ensure that there is a smooth trade in digital assets trading.
With its smart yield engine powered by AI, Reef Finance facilitates lending, borrowing, staking and even mining, in a fully decentralized manner.
● NORD FINANCE
NORD Finance is a revolutionary DeFi platform that was created to further advance the DeFi industry and give the global masses access to DeFi products, without stress.
It was built on the Ethereum Network, to provide varieties of financial services such as savings, loans, advisory, efficient management of funds, investments as well as swaps, to its users, with full guarantee of decentralization.
With the great features embedded on its system, Nord Finance users enjoy the boons of Decentralized Finance without restrictions.
● EASY FINANCE
Another mind-blowing DeFi project with great potential in 2021 is the Easy Finance system, a platform that was built with the aim of improving the DeFi industry as a layer 2 DeFi system.
It provides varieties of DeFi products such as digital assets lending which includes micro lending, credit Delegation, under-collateralized loans and even credit default swaps, all at a great speed and reduced cost, making available the needed liquidity for the efficient functioning of the system.
IN CONCLUSION,
The above-mentioned DeFi projects are already doing exploits in the industry and if adopted, will definitely improve the living standard of the global masses and the global system at large.
So, watch out for them this 2021, seeing as they are considered to be gems in the DeFi industry, following their great benefits.
Sourced from my blog
The DeFi industry is considered to not only be the fastest rising industry in the global system, but also a very beneficial one, which is probably why everyone is adopting it, hence the introduction of different DeFi projects in the cryptocurrency industry.
Despite the number of DeFi projects flooding the cryptocurrency market, there are a few reliable ones to look out for this 2021, which will not only help improve the global system, but will also deliver unforeseen benefits to its users.
Outstanding DeFi Projects In 2021 To Watchout For
● UNILEND FINANCE
Unilend Finance is a fully decentralized and permissionless system, which makes use of the revolutionary smart contract to facilitate spot trading and the money market, for the benefit of the global users.
It allows users to participate in and benefit from spot trading, and still give them the opportunity of featuring in the money market by unlocking access to funds through lending and as well giving them the ability to earn from their fund through lending.
Unilend possesses great features which helps it offer the aforementioned services efficiently, so as to ensure that it's users benefit unrestrictedly from Decentralized Finance.
● REEF FINANCE
Reef Finance is developed as a DeFi operating system, which solves the problem of liquidity in the cryptocurrency industry and Simplifies the trading of digital currencies, as a way of driving its massive adoption.
It makes use of its smart liquidity aggregator which gets trading liquidity for cryptocurrency trading from different sources including DEXs and CEXs, just to ensure that there is a smooth trade in digital assets trading.
With its smart yield engine powered by AI, Reef Finance facilitates lending, borrowing, staking and even mining, in a fully decentralized manner.
● NORD FINANCE
NORD Finance is a revolutionary DeFi platform that was created to further advance the DeFi industry and give the global masses access to DeFi products, without stress.
It was built on the Ethereum Network, to provide varieties of financial services such as savings, loans, advisory, efficient management of funds, investments as well as swaps, to its users, with full guarantee of decentralization.
With the great features embedded on its system, Nord Finance users enjoy the boons of Decentralized Finance without restrictions.
● EASY FINANCE
Another mind-blowing DeFi project with great potential in 2021 is the Easy Finance system, a platform that was built with the aim of improving the DeFi industry as a layer 2 DeFi system.
It provides varieties of DeFi products such as digital assets lending which includes micro lending, credit Delegation, under-collateralized loans and even credit default swaps, all at a great speed and reduced cost, making available the needed liquidity for the efficient functioning of the system.
IN CONCLUSION,
The above-mentioned DeFi projects are already doing exploits in the industry and if adopted, will definitely improve the living standard of the global masses and the global system at large.
So, watch out for them this 2021, seeing as they are considered to be gems in the DeFi industry, following their great benefits.
Sourced from my blog
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