💼 #Decentralized #exchanges: why it is making waves in the #cryptocurrency industry
💰 #DeFi, or Decentralized #Finance, is a concept that assumes that any currently available financial service, such as #savings, #loans, #trading, cryptocurrency exchanges or #insurance can be transferred to #blockchain
https://medium.com/veniceswap/decentralized-exchanges-why-it-is-making-waves-in-the-cryptocurrency-industry-fccec9cafb9f
💰 #DeFi, or Decentralized #Finance, is a concept that assumes that any currently available financial service, such as #savings, #loans, #trading, cryptocurrency exchanges or #insurance can be transferred to #blockchain
https://medium.com/veniceswap/decentralized-exchanges-why-it-is-making-waves-in-the-cryptocurrency-industry-fccec9cafb9f
Medium
Decentralized exchanges: why it is making waves in the cryptocurrency industry
DeFi, or Decentralized Finance, is a concept that assumes that any currently available financial service, such as savings, loans, trading…
💹 #DeFi: What are #flash #loans
💠 Thanks to #smartcontracts on the #blockchain, there is no need to make a file to convince your #banker of your #solvency. Anyone can interact with a DeFi protocol and #borrow a certain amount of #money, in #exchange for a #collateral #deposit. This is the idea behind DeFi #lending. The rules of the loan and repayment are governed by the code in the blockchain.
https://medium.com/veniceswap/defi-what-are-flash-loans-c82cb32d4deb
💠 Thanks to #smartcontracts on the #blockchain, there is no need to make a file to convince your #banker of your #solvency. Anyone can interact with a DeFi protocol and #borrow a certain amount of #money, in #exchange for a #collateral #deposit. This is the idea behind DeFi #lending. The rules of the loan and repayment are governed by the code in the blockchain.
https://medium.com/veniceswap/defi-what-are-flash-loans-c82cb32d4deb
Medium
DeFi: What are flash loans
In the history of traditional finance, taking out a loan from a bank has always been accompanied by fairly cumbersome administrative…
☘️ #DeFi: Development, risks and future
🔥 The #blockchain-based form of finance stands for #digital #peertopeer services that offer #crypto #trading, #loans, interest accounts and other services
https://medium.com/veniceswap/defi-development-risks-and-future-3fb83d57af2e
🔥 The #blockchain-based form of finance stands for #digital #peertopeer services that offer #crypto #trading, #loans, interest accounts and other services
https://medium.com/veniceswap/defi-development-risks-and-future-3fb83d57af2e
Medium
DeFi: Development, risks and future
Decentralized Finance (DeFi) creates almost endless opportunities for anyone with a smartphone and Internet access — according to experts…