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.
AggLayer to Revolutionize Blockchain Interoperability and Use Cases
AggLayer, a new protocol, aims to unify blockchain networks, enhancing interoperability, liquidity, and user experience across DeFi, gaming, RWAs, and AI sectors.
Exploring the Growing Demand for Bitcoin (BTC) Staking in DeFi
Bitcoin staking is gaining traction as it allows BTC holders to earn rewards while participating in DeFi. Learn about the protocols enabling trustless Bitcoin staking.
Sui Blockchain's DeFi Growth in Q3 2024: Key Developments and Metrics
Sui's DeFi sector saw substantial growth in Q3 2024, driven by new technologies and partnerships. Key metrics and developments indicate a promising future for the blockchain ecosystem.
USDC Launches on Sui Mainnet, Boosting DeFi Ecosystem
USDC, a major stablecoin, is now available on the Sui Mainnet, enhancing liquidity and value transfer within the DeFi ecosystem as Sui's TVL surpasses $1 billion.
Bitfinex to List KMNO Token, Expanding DeFi Offerings
Bitfinex announces the listing of KMNO, Kamino Finance's native token, enhancing its DeFi offerings with innovative liquidity management solutions on Solana.
Optimizing Your LGG Winnings: Exploring Linea's DeFi Dapps
Discover how to maximize your LGG winnings using Linea's top DeFi applications like Lynex, Maestro, and Zerolend, and explore the benefits they offer.
Sui Bridge Launches on Mainnet, Connecting Ethereum and Sui
Sui Bridge goes live on Mainnet, enabling native asset transfers between Ethereum and Sui, enhancing Web3 interoperability.
A Beginner's Guide to Yield Farming in DeFi
Learn the basics of yield farming in DeFi, including how it works, its importance, and potential risks, according to Gala News.
dYdX to Sunset v3 Product, Focus on dYdX Chain Development
dYdX Trading Inc. announces the sunset of its v3 product to focus on the development of dYdX Chain software, marking a new chapter in decentralized finance.
BNB Chain Enhances Stablecoin Use with New Incentive Programs
BNB Chain introduces innovative programs to boost stablecoin integration and adoption, aiming to onboard the next billion Web3 users.