WHAT REALLY ARE DEFI PLATFORMS IN CRYPTO

[Banadony]

i have been hearing about Defi in crypto and i think it has made a huge impact in the crypto ecosystem. can somebody point me to any avalible and informative link where i can learn AND Understand this Defi well.

[figmentofmyass]

i have been hearing about Defi in crypto and i think it has made a huge impact in the crypto ecosystem. can somebody point me to any avalible and informative link where i can learn AND Understand this Defi well.

here's an article from coinbase which i think explains the concept pretty well:

A Beginner’s Guide to Decentralized Finance (DeFi)

some examples of existing DeFi platforms:
https://makerdao.com/ (stablecoins and decentralized banking)
https://compound.finance/ (borrowing and lending)
https://kyber.network/ (DEX)
https://www.synthetix.io/ (synthetic assets)

[Banadony]

i have been hearing about Defi in crypto and i think it has made a huge impact in the crypto ecosystem. can somebody point me to any avalible and informative link where i can learn AND Understand this Defi well.

here's an article from coinbase's blog which i think explains the concept and some of the existing platforms pretty well:

A Beginner’s Guide to Decentralized Finance (DeFi)

Thank you very much. i must say i appreciate this reply very well.

[LbtalkL]

I just bump to this site recently maybe you can get an idea of what DEFI (Decentralized Finance). As written on their front page "there are a number of key issues the DeFi ecosystem is still not able to solve" I wonder what it is my knowledge on DEFI is not that much. Anyways I am not promoting this site. https://www.finnexus.io

here's an article from coinbase which i think explains the concept pretty well:

A Beginner’s Guide to Decentralized Finance (DeFi)

some examples of existing DeFi platforms:
https://makerdao.com/ (stablecoins and decentralized banking)
https://compound.finance/ (borrowing and lending)
https://kyber.network/ (DEX)
https://www.synthetix.io/ (synthetic assets)

Thanks for this informations.

[joniboini]

i have been hearing about Defi in crypto and i think it has made a huge impact in the crypto ecosystem.

Most DEFIs right now is built on top of the Ethereum network. The impact is not yet that great, it depends on how the market adopt or appreciates it. There are some DEFI index websites such as https://defiprime.com/#defi_projects if you need to find other projects.