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DeFi tokens are taking over the how traditional finance work!⁣

Yagael

2022-01-13 (01:30:11)

Block user

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If you’re still not on it, look at these top 6 DeFi tokens that are looming to the moon!⁣

What is DeFi Tokens (DeFi)
Decentralized finance tokens, or more commonly known as DeFi tokens, are decentralized applications that run on blockchains with smart contracts. They aim to transform banks, exchanges, and other traditional financial systems through the use of cryptocurrencies, reducing or eliminating the need for third parties.

Most of the DeFi tokens run on the Ethereum blockchain. Users can trade, get loans, earn interest, and more. Despite its hype and outstanding yields, DeFi tokens are considered high-risk investments with high volatility.

Some popular DeFi tokens include Uniswap (UNI), SushiSwap (SUSHI), PancakeSwap (CAKE), Wrapped Bitcoin (WBTC), Dai (DAI), Compound (COMP), Avalanche (AVAX), Chainlink (LINK).

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Crpyt_profile-image

Pro

2022-01-13 (02:14:03)

Block user
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Defi is all the rage these days.

Yagael_profile-image

2022-01-14 (11:20:36)

Block user

yes. so much this going on as well

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