secret stash jewelry wholesale What is DEFI, is it related to Bitcoin? Are there any related tokens

wholesale indian jewelry free shipping We can describe decentralized finance or DEFI, that is, creators of DAPP (decentralized applications) to provide users with financial solutions based on blockchain.
. Unlike the traditional financial industry's centralized service operation method, the DEFI solution uses a decentralized, blockchain -based infrastructure to replace the middlemen with smart contracts.
For example, if you want to apply for a loan, the bank needs to provide you with a few documents. After that, they will review these documents to determine whether you meet the conditions.
The process is quite cumbersome and it takes a few days to complete, but it takes only a few minutes (or a few seconds) to borrow money through DEFI DAPP.
DEFI solutions do not perform the above operations, but put your mortgage (tokens you use to borrow) into a smart contract. It then provides you with a loan and delivered interest to the lender through smart contracts.
What is the best way?
The participants no longer need to review and strict "Kyc) reviews through credit surveys and strict" KYC) like a bank.
At the same time, the decentralization characteristics of the DEFI solution also allows participants to conduct transactions without having to surrender the right to custody.
In addition to borrowing, encrypted enthusiasts can also support the blockchain network by betting on their currency and use a equity certificate (POS) consensus mechanism to earn interest.
DEFI applications include.
The decentralized exchanges (DEXS) payment service insurance products market forecast decentralized identity identification solution to the active participation and investment of assets of assets of assets
Merebeling enthusiasts actively participate in the DEFI field, use it to use it Centralized solutions to replace traditional financial services.
, the in -depth participation of DEFI is not suitable for everyone, and some people may find that investment is more suitable for their choice.
and we should be able to accept this, because you don't have to actively participate in something to support (or invest).
For example, not all Tesla investors have the company's car, but they still contribute to the development of their stocks.
No matter which plan you choose, whether it is active participants or investors, it will support the DEFI field and contribute to the development of the industry.
of course, it must be noted that as the exchange continues to increase the types of its DEFI tokens, more and more users deposit tokens into the exchange account, and the exchange has accumulated considerable a considerable amount in the DEFI settings. The right to vote is a centralized risk. Therefore, it is important to understand whether the exchange and how to participate in this process.
aax ——Defi Investment Hub
It, you can invest in DEFI solutions by purchasing and holding tokens of the project like an encrypted currency project.
aax is a mechanism -level cryptocurrency exchange driven by LSEG technology, which is the hub station for Defi investment.
aax always follow and analyze the projects of decentralized financial industries. The monthly selection of the most potential projects as the new currency project.
aax users can already trade Ethereum (ETH), Kyber Network (KNC) and ChainLink (Link) on the platform. Recently, the AAX trading platform has added the following Defi tokens.
Compound (cmop) bancor (bnt) aave (lend) cardano (ada) (ada)