Cryptocurrencies RSS





5 reasons why DeFi is awesome (Reason #4 will surprise you)

5 reasons why DeFi is awesome (Reason #4 will surprise you)

Introduction DeFi (Decentralized Finance) took the crypto world by storm. I clearly didn't expect such a mania. It literally reminded me of the 2017/2018 ICOs craze were buying anything could give an instant X3/X5 (assuming one knows when to exit properly) Based on the Ethereum blockchain and started with a few famous blockchains/tokens in 2018 such as $COMP, $YFI, $AMPL. I didn't notice those before July 2020 and I have to admit the concept behind those tokens is truly revolutionary. $YFI (Yefi) for instance is a form of passive investment. The system is automatic and selects the investments to be madde behind the curtains to maximize your return on investment. Let's cover now my TOP 7 reasons why DeFi could...

Continue reading