Uniswap provides a DEX (Decentralized Exchange) to trade your crypto coins, but under the hood, there’s some real innovation. Best 10 DeFi Projectsīelow is the list of what we consider to be the best DeFi crypto coin worth looking into this year. For a deeper dive, click the links and see for yourself. Bitcoinīelow we take a brief look at some of the names making the DeFi headlines at the moment. Most of the possibilities have not yet been imagined.Īs it stands, there are distinct genres of DeFi projects – The killer apps of the internet were not thought of in the early days until bright young people started using their imaginations. Types of DeFi projectsįor every service we use in our lives, there will be a DeFi version popping up sooner or later. Stage two is decentralizing the digital world. Stage one was digitizing the centralized world. There’s no longer a requirement to trust the people we don’t trust.
You don’t need consent, approval, or permission from banks, governments, political organizations, or anyone. We have no say about fundamental changes to our lives.ĭecentralized services have no such middleman required to sanction and facilitate transactions or services. We are vulnerable to capricious lawmakers and greedy corporations in a centralized world.
They also appropriate our data and sell it to the highest bidder without our knowledge or specific consent. We are all at the mercy of unelected, super-rich, unaccountable, trans-national corporations.Īll these institutions are either profit-based or lobbyist funded and have the right to refuse their services at any time. Our banks oversee our financial transactions, social media companies monitor and control our speech, and telecommunications companies sanction and spy on our cell phone use. They are managed and policed by organizations or businesses. All the services we use on a daily basis are centralized.