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May 13, 2021, 08:29:10 AM |
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All through last year, the fast growth of DeFi and yield farming had brought the cryptocurrency market to a new celebration.
For elementary players in cryptocurrencies investment, although they are familiar with the word “Decentralization”, they do not clearly know it’s meaning and value in the application of financial market in future. Distinct from traditional finance, Decentralized Finance (DeFi) achieves decentralization through blockchain technology, thereby lowering the transaction cost of the overall process. In recent years, DeFi is becoming the largest reformation in blockchain industry. Under the influence of DeFi phenomenon, the operating model has quietly changed in the blockchain industry.
DeFi provides decentralized financial services without any credit risks. The code is open source. Everyone can use the protocol without authorization regardless, whether they are front-end users or back-end users. Smart contracts cannot be controlled by anyone since its server was linked with the public blockchain..
Everyone loves DeFi. Decentralization means there is no central authority and no boundaries. It also means breaking through the limitations of time and space. DeFi has the magic power to eliminate barriers and truly benefit the world.
Previously, there were many problems in the early stage of DeFi 1.0.
For example: Low performance of public blockchain: blockchain network is prone to get congested under extreme conditions thereby causing the failure of DeFi instructions.
High systematic risk: currently most of DeFi projects are deployed on Ethernet and the prices are pegged to ETH; if ETH experiences a slump, it will trigger a systematic risk thereby pulling down the DeFi ecology.
KeplerSwap is the pioneer of DeFi 2.0. When I first entered into the KPS World, I was attracted by its name - Kepler. The Kepler planet is 600 light-years away from the Earth. It may be a more habitable planet for humans in future. After reading the white paper of KeplerSwap, you will find that KeplerSwap is a comprehensive decentralized venture you have never seen before. KeplerSwap has created a perfect liquidity marketing making mechanism and a unique distribution mechanism that inspires all participants in the financial ecosystem. The endorsement from Kepler-22 Foundation should be reassuring to users. I believe that KeplerSwap will demonstrate its advantages to the blockchain industry.
DeFi will be an inevitable trend in blockchain industry. It has advantages of high privacy, fair trade, assets security, low trading cost and undemanding trustee. The problems we encountered in the early stages of DeFi is similar to those of early Internet. KeplerSwap, the explorer of DeFi 2.0, brings a breath of fresh air to the industry. DeFi has to go through an imperative rugged road in order to reach a higher level and bring a new financial ecosystem to the world.
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