Steem Crypto Challenge - Dive Into Defi - Defi Projects
I feel so Glad to see hundreds of people are participating in Steem Crypto Challenge and sharing their knowledge and experience over Defi i got to know alot about Defi by diving into their posts. lastly i researched about defi tokens and Advantages of Defi and how it could be the future.
Now i will talk about different projects and their functionalities.
i will be discussing about The following projects :
- Staking
- Tokenization of Assets
- Stablecoins
- Prediction Markets
- Marketplaces
- Margin Trading
Staking Defi Projects:
Staking is a Common thing many people know after coming in Crypto, staking is the same thing as traditional bank do where people deposit money and gets interest ( profit ) in return.
But the difference is that its decentralized where infrastructure service providers such as staking pools and Staking-as-a-Service providers play the role of the bank,
Crypto Investors Via voting Can gain extra rewards while locking their crypto's
In defi staking we have different platforms, Some of them are following :
1) Certus One:
it consists of three services delegation where people can minimize the risk and maximize the profit,validator + support run your own validator and get delegations , SignOS which is Revolutionary Software Based Smart Key Management System.
Also, certus one uses DLT ( Distributed ledger technology ) .
Certus One is the premier validator for distributed ledger technology (DLT). Leveraging cutting-edge enterprise architecture and proprietary technology, Certus One offers unrivaled performance for proof-of-stake blockchains.
refference of official site
2) Chorus One
Another platform where people can earn by locking their Crypto.
the 24/7 service is the best thing which they are offering , The platform is supported by different popular networks such as ChainLink , Cosmos ,polka ,terradot
The best thing is you can try the web interface anthem for free as a trial to get knowledge of Dashboard and How it works.
Here is a Link for official website Chorus One
3) Dokia Capital
97 MILLION USD STAKED in this platform it is also trusted and supported by all those popular networks mentioned above.
Here is Link to official Website
Link
I really enjoyed while researching over the Defi ( Decentralized Finance ) and would suggest everyone to give it a try its interesting and is solution to many problems like Loan, insurance etc
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It seems to me very in the Staking option, and I think Defi brings a lot of oxygen to the blockchain something that I see very necessary to keep these types of ecosystems healthy.
Good article, great contribution I have to review and deepen the tips to make a good decision because I only have a few coins.