Connect with us

#1 SPOT FOR DEFI NEWS

visor finance visor finance
Hot Projects2 months ago

Visor Finance (VISR): The YFI for NFT’s?
best defi coins 2021 best defi coins 2021
Latest News3 months ago

Best DeFi Coins 2021: Here are the Top DeFi coins to watch out for
saffron finance saffron finance
Hot Projects6 months ago

Saffron Finance: SFI a new DeFi bluechip? This hidden crypto gem seems primed for massive growth.
solana solana
Hot Projects9 months ago

What is Solana? How SOL is aiming to sovle scaling issues.
curve finance token curve finance token
Hot Projects10 months ago

Curve Finance Token (CRV) : Everything You Need to Know
sam bankman-fried sam bankman-fried
Hot Projects10 months ago

DeFiRev.com Exclusive: Inside the Mind of Sam Bankman-Fried, the genius behind FTX & Alameda Research.
uniswap uniswap
Trending10 months ago

UniSwap Heating up BIG TIME! Is this the end of IEOs? New DeFi Projects fundraising on Uniswap.
yearn.finance yearn.finance
Hot Projects10 months ago

Yearn.Finance Explosive Growth! Want to farm YFI? Here’s How. Yield Farming $YFI 101.
mstable mstable
Hot Projects10 months ago

The Rise of mStable. How to Yield Farm $MTA in 2020. Here’s What you need to know.
defi projects defi projects
Hot Projects10 months ago

The Hottest DeFi Projects Right Now : July 2020
yield farming yield farming
News11 months ago

DeFi Yield Farming: You’ve seen the term everywhere. Here’s what it is.
defi lending defi lending
News11 months ago

The Ultimate Guide to DeFi Lending in 2020
chainlink chainlink
News11 months ago

Chainlink – The First Mainstream Decentralized Oracle. Here’s what you need to know.
defi defi
Trending12 months ago

What is DeFi? Decentralized Finance explained.
Trending12 months ago

Will Ethereum 2.0 deliver? The latest on Ethereum 2.0 
Latest News3 months ago

TotemFi: The Hottest Prediction Market Protocol Right Now
cme futures ethereum cme futures ethereum
Latest News3 months ago

CME FUTURES ETHEREUM TO BE LISTED 30 MINUTES PRIOR TO SUPERBOWL
bao finance crypto bao finance crypto
Hot Projects3 months ago

BAO FINANCE CRYPTO: WHAT IS IT?
aave aave
Hot Projects3 months ago

AAVE CRYPTO ASSET SOARING

MORE NEWS

Latest News3 months ago

KIM DOTCOM JOINS CLUBHOUSE, ADVOCATES BITCOIN CASH

KIMDOTCOM MET WITH OPPOSITION AS HE PROMOTES BITCOIN CASH Last night Kim Dotcom was met with staunch opposition from the...
yfi hack yfi hack
Latest News3 months ago

YFI HACK! Yearn gets hit by a flash loan attack!

YFI Hack. Yearn Finance suffers major exploit with 11 million USD drained. Yearn. Finance, one of the most popular DeFi...
Hot Projects4 months ago

Delta Token : DEX Gamechanger Launching Soon. Will it be a Uniswap Killer?

Delta Token : Here’s what you need to know Delta Token is the tokenized version of partially locked liquidity that...
hashmasks hashmasks
Latest News4 months ago

Hashmasks Sells 16,000 NFTs for $9 Million

Hashmasks is like Cryptopunks 2.0 with a twist The Hashmasks collectibles have taken the Ethereum art scene by storm. The...
badger dao digg badger dao digg
Latest News4 months ago

Badger DAO DIGG: Badger DAO announces 3rd rebase of $DIGG in less than 4 hours!

Badger DAO +DIGG Badger DAO Digg! Badgerdao is a decentralized autonomous organization (DAO) and works on building products and infrastructure...
sushiswap sushiswap
Latest News4 months ago

SUSHISWAP GETS MAKEOVER

SushiSwap deprecates the older version and switches to a new one The new SushiSwap interface is here! As we are...
uniswap uniswap
Latest News4 months ago

Despite the gas price crisis, Uniswap Liquidity sees a major surge

Despite the gas price crisis, Uniswap Volume and Liquidity sees a major surge Uniswap, one of the most popular decentralized...
ethereum ethereum
Latest News4 months ago

Ethereum enters the list of top 100 assets in terms of market cap

Ethereum dominating the digital asset landscape with birth of DeFi January 6, 2021: In the last 24 hours, the price...
duckdao duckdao
Latest News5 months ago

DUCKDAO + DUCK TOKEN: Here’s What you need to know

DUCKDAO – All you need to know about its community initiatives Compared to conventional market makers, contemporary market makers are...
deriswap deriswap
Hot Projects6 months ago

Deriswap: What you Need to Know

Deriswap launched defi legend Andre Cronje – the founder of Yearn Finance The founder of the revolutionary DeFi protocol Yearn....

DeFiRev.com #1 in DeFi News

DeFiRev.com is #1 in DeFi News and is a top resource for the DeFi ecosystem and decentralized finance that encompasses DeFi projects, DeFi Apps, and DeFi Crypto Lending.  It is our mission to provide the best information and the latest trends within the DeFi space to our audience. Don’t Miss out! Join the DeFi Revolution! 

What is DeFi?

What is DeFi?

 

DeFi is short for decentralized finance and refers to an all-inclusive ecosystem of applications, financial services, and other financial infrastructures that operate within the key principles of privacy, transparency, neutrality, and sovereignty. DeFi tools are openly accessible and operate utilizing blockchain technology. DeFi and decentralized finance will be a game-changer for the financial world and the global economy as we know it.

Decentralized finance includes a wide spectrum including digital assets, smart contracts, and dApps (decentralized Apps) which are built on blockchain technology. Considering the amount of development and flexibility involved, the Ethereum platform is currently the foremost choice for DeFi applications.

Imagine an open financial system in which financial tools and services can be built in a decentralized manner. Since these applications are always built utilizing blockchain technology, the data can easily be verified.

With the use of decentralized technology like smart contracts, DeFi has led to the elimination of middlemen, which have long plagued finance unnecessarily. This has created favorable situations where:

One can get access to instant loans without the need for paperwork sans any bank approval.

One can earn real interest with their assets without the need to sacrifice them due to the prevailing low-interest rates. 

Quick issuance of company stocks without the need for banks to intervene thereby saving one from exorbitant bank fees.

 

 

RSS DeFiRev.com RSS




Web Analytics


More News

More Posts
bitcoin
Bitcoin (BTC) $ 41,685.00
ethereum
Ethereum (ETH) $ 3,262.21
binance-coin
Binance Coin (BNB) $ 491.29
xrp
XRP (XRP) $ 1.53
cardano
Cardano (ADA) $ 1.91
dogecoin
Dogecoin (DOGE) $ 0.451866
tether
Tether (USDT) $ 0.997517
polkadot
Polkadot (DOT) $ 38.56
bitcoin-cash
Bitcoin Cash (BCH) $ 1,040.79
litecoin
Litecoin (LTC) $ 280.47
chainlink
Chainlink (LINK) $ 40.73
uniswap
Uniswap (UNI) $ 33.38
usd-coin
USD Coin (USDC) $ 0.992443
solana
Solana (SOL) $ 53.43
stellar
Stellar (XLM) $ 0.624183
matic-network
Polygon (MATIC) $ 2.22
ethereum-classic
Ethereum Classic (ETC) $ 84.80
vechain
VeChain (VET) $ 0.158496
theta-token
Theta Network (THETA) $ 9.31
eos
EOS (EOS) $ 8.88
tron
TRON (TRX) $ 0.112102
aave
Aave (AAVE) $ 607.72
binance-usd
Binance USD (BUSD) $ 0.985528
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 41,901.00
shiba-inu
Shiba Inu (SHIB) $ 0.000015
okb
OKB (OKB) $ 25.46
filecoin
Filecoin (FIL) $ 96.56
neo
NEO (NEO) $ 84.07
monero
Monero (XMR) $ 327.36
terra-luna
Terra (LUNA) $ 15.01
cosmos
Cosmos (ATOM) $ 21.75
compound-ether
cETH (CETH) $ 66.04
klay-token
Klaytn (KLAY) $ 2.13
bitcoin-sv
Bitcoin SV (BSV) $ 276.13
kusama
Kusama (KSM) $ 569.72
iota
IOTA (MIOTA) $ 1.81
safemoon
SafeMoon (SAFEMOON) $ 0.000008
thorchain
THORChain (RUNE) $ 19.62
dai
Dai (DAI) $ 0.997912
huobi-token
Huobi Token (HT) $ 26.91
avalanche-2
Avalanche (AVAX) $ 35.68
tezos
Tezos (XTZ) $ 5.57
pancakeswap-token
PancakeSwap (CAKE) $ 26.02
ftx-token
FTX Token (FTT) $ 49.27
cdai
cDAI (CDAI) $ 0.021256
algorand
Algorand (ALGO) $ 1.30
maker
Maker (MKR) $ 4,436.51
compound-usd-coin
cUSDC (CUSDC) $ 0.021826
crypto-com-chain
Crypto.com Coin (CRO) $ 0.144584
bittorrent-2
BitTorrent (BTT) $ 0.005410