money yield YGwpKj

Yield farming on curve is winning over DeFi

DeFi or Decentralized finance is achieving a lot through the method of yield farming. Let’s take a look into how it all came together. The decentralized finance (DeFi) platform and associated revenue has earned a unique reputation in traditional finance and even the broader crypto market for being risky, unsustainable and even Ponzi-style. Where does the return come from and how is it 100 times higher than the interest rate on a bond, certificate of deposit or savings account? Some protocols essentially create the same credit, trade, and insurance protocols that remove intermediaries such as banks, exchanges, or insurance companies and allow smaller consumers to replace them.Here are some very basic examples:Uniswap and Curve allow any user to create markets and earn trading fees from token exchanges.Aave and Compound allow each user to provide secured loans to other speculators and get most of the loan interest rates.Maker allows each user to create their own decentralized stable coi

Czytaj więcej

We współpracy z:

Dodaj komentarz

Podobne Wpisy