DeFi
DeFi, short for decentralized finance, represents a shift in the financial sector by leveraging blockchain technology, primarily Ethereum, to eliminate traditional financial intermediaries. It enables various financial applications, from simple transactions to complex contracts, through smart contracts that execute automatically under specific conditions. Key DeFi applications include decentralized exchanges (DEXs), stablecoins, lending platforms, and prediction markets. DeFi offers financial services like loans and interest-earning opportunities without traditional identity verification, relying instead on collateral, usually in cryptocurrency. This innovative sector promises increased accessibility and efficiency but comes with risks, such as market volatility and unregulated projects.
How DeFi Could Disrupt Traditional Finance, Feat. Sergey Nazarov
"Imagine a world without counterparty risk..." - Chainlink's co-founder Sergey Nazarov shares why the move from brand-based contracts to math-based contracts is inevitable.
DeFi Lender Aave Rolls Out Governance Token on Path to Decentralization
Aave will transfer ownership of the protocol to a “genesis governance” built and approved by LEND token holders. It will also swap LEND tokens for AAVE.
Why DeFi on Ethereum Is Like Algorithmic Trading in the ‘90s
DeFi's surge has created an interesting dynamic: Traditional fund managers are beginning to experiment with what decentralization has to offer.
Proof-of-Stake Chains Team Up to Prove DeFi Is Bigger Than Ethereum
Terra is joining forces with Cosmos, Web3 Foundation and Solana to roll out a DeFi product meant for a wider consumer audience. Meet Anchor.
Soaring DeFi Usage Drives Ethereum Contract Calls to New Record
Coin Metrics reported the daily number of smart contract calls on Ethereum jumped to 3.11 million – a new record.
One Billion, Two Billion, Three Billion, Four? DeFi's Knocking on TradFi's Door
DeFi is an overnight success years in the making. From "The DAO" hack to $3.6 billion in total value locked, here's the history of decentralized finance.
FTX to Launch 'Scalable' Decentralized Exchange in Weeks
Building on the Solana blockchain means the new platform's operations are less restricted than those on Ethereum, the firm says.
MakerDAO Passes $1B Milestone in DeFi First
The total value of ether locked in DeFi's oldest project has surpassed $1 billion for the first time.
Ethereum as Lifestyle Brand: What Unicorns and Rainbows Are Really About
Ethereum is more than a technology, it’s a lifestyle. Beyond cryptocurrency, the software has attracted a diverse community of contributors.
Chainlink Integration Brings Data Feeds to Binance’s DeFi Project
Binance is building out a DeFi platform with its Smart Chain protocol and has integrated Chainlink as a pricing solution.
