DEFI
What is DeFi?
Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.
Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.
Chainlink (LINK) Introduces CCIP Programmable Token Transfers for Advanced DeFi and TradFi Applications
Chainlink (LINK)'s CCIP Programmable Token Transfers offer enhanced smart contract and tokenization use cases for DeFi protocols and TradFi institutions.
BNB Chain Launches TVL Incentive Program #3 to Boost BNB and TVL on opBNB and BSC
BNB Chain introduces TVL Incentive Program #3 to enhance BNB and TVL growth across opBNB and BSC, offering significant rewards.
Linea's Surge Volt 2 Commences Amidst Robust Network Growth
Linea Surge Volt 2 kicks off with significant updates to LXP-L distribution, following a successful Volt 1 that saw over $1B in TVL.
BounceBit Integrates Traditional Economic Theories to Strengthen CeDeFi Resilience
BounceBit leverages Merrill Lynch's Investment Clock and Ray Dalio's All-Weather theory to enhance CeDeFi resilience and offer diverse yield products.
Bitcoin (BTC) Layer 2 Revolution: The Role of Ordinals in Sparking Innovation
Ordinals have ignited a surge of innovation in Bitcoin’s Layer 2 ecosystem.
Uniswap (UNI) Integrates ZKsync for Enhanced Trading Experience
Uniswap (UNI) now supports ZKsync, offering users lower gas fees and faster transactions.
Rabby Wallet Integrates IOTA EVM to Enhance Multi-Chain DeFi Experience
Rabby Wallet by DeBank integrates IOTA EVM, enhancing multi-chain DeFi with smooth network switching and pre-transaction risk scanning.
OKX Ventures Joins as Founding Member of SOFA.org to Enhance DeFi Ecosystem
OKX Ventures becomes a founding member of SOFA.org to support the DeFi ecosystem.
Ethereum (ETH) Network: A Pillar of Decentralized Digital Economy
Ethereum's role in DeFi, NFTs, and gaming underscores its pivotal impact on Web3.
Stellar (XLM) Cash-to-DeFi Challenge Highlights Innovative Financial Solutions at Consensus X EasyA 2024 Hackathon
Stellar (XLM) Cash-to-DeFi Challenge at Consensus X EasyA 2024 Hackathon showcased groundbreaking financial solutions.