Decentralized finance or DeFi is the latest crypto buzzword. People are really liking the idea of lending and borrowing activity without the intervention of any third party or custodian. Being your own bank is easy nowadays with the help of DeFi. New protocols are appearing every day to manage your own finance autonomously. ‘Yield farming’ was an unknown term even some time back and now DeFi farmers are cultivating high yield crops on the blockchain. Technology really changes very fast and innovation is a key feature of blockchain technology. The whole DeFi ecosystem is being run by smart contracts. These smart contracts are financial robots. We are witnessing the next generation financial revolution in the making.
Understanding Block.one’s ProFi
Understanding Block.one’s ProFi
Understanding Block.one’s ProFi
Decentralized finance or DeFi is the latest crypto buzzword. People are really liking the idea of lending and borrowing activity without the intervention of any third party or custodian. Being your own bank is easy nowadays with the help of DeFi. New protocols are appearing every day to manage your own finance autonomously. ‘Yield farming’ was an unknown term even some time back and now DeFi farmers are cultivating high yield crops on the blockchain. Technology really changes very fast and innovation is a key feature of blockchain technology. The whole DeFi ecosystem is being run by smart contracts. These smart contracts are financial robots. We are witnessing the next generation financial revolution in the making.