A New Opportunity in Defi Coins?

Peter Oflina
5 min readMay 16, 2022

You may have read many articles about Defi coins. However, Decentralized Finance systems have become very popular in the developing world. The biggest reason for this is that cryptocurrencies such as Bitcoin, which brings millions of dollars to its investors, make Defi projects even more popular.Decentralized Finance is a financial ecosystem that does not have any centralized structure in the process and is managed entirely by software running on the blockchain. With the popularity of cryptocurrencies, its popularity has increased in the financial ecosystem.In fact, in order to get to know Defi coins and tokens closely, we need to get to know the Decentralized Finance system closely. In this article, we will explain to you by showing you an example of a project that has just been released in 2022.What is Defi Crypto?The answer to the question of what DeFi means is actually above. DeFi stands for decentralized finance and basically aims to provide banking-derived services without being connected to any center. Thanks to DeFi protocols, you can get deposit refunds or withdraw loans just like in banks. With the loan you have taken, you can deposit money elsewhere and even earn interest from this money. Some projects also offer you the opportunity to tokenize some assets. The answer to the question of what are DeFi tokens can be coins for the network owned by DeFi projects.DeFi tokens, or DeFi tokens, have seen a huge surge especially recently. The main reason for this can be listed as DeFi-based lending, borrowing, depositing collateral, staking and earning deposit returns. Users can earn the network’s own DeFi token by depositing collateral on specific DeFi networks.When we look at the crypto money market in general, it is seen that Chainlink (LINK) is the largest DeFi Coin by total market capitalization. Just behind this is another DeFi-based token Polkadot (DOT). The common feature of DeFi coins is that they do not have any center and in addition, they provide some features of the traditional financial system to the users.DeFi AltcoinsLooking at the list of DeFi altcoins, it seems that each of them has its own network and platform. Uniswap, Maker, Aave, Curve Finance, Yearn.Finance, Synthetix, Compound, Balancer, Wrapped Bitcoin, RenVM, Flexa, InstaDapp, Nexus Mutual and dYdX are just some of them.As can be seen, there are many more answers to the question of what are DeFi tokens or which are DeFi coins. Each of them has different features and different advantages to the users. For example, Uniswap is a decentralized cryptocurrency exchange. MakerDAO, on the other hand, enables decentralized lending. Aave or LEND has a similar loan infrastructure. The Synthetix project, on the other hand, is a project that aims to artificially tokenize all real-life assets and commodities.A Defi Project DEFCAs the fallout from the Terra LUNA and UST failures subsides, we’re seeing crypto — and DeFi coins in particular — struggling to maintain stability.In fact, we see the most popular projects in the crypto money world in coins and tokens with Defi infrastructure. Investors are now placing more value on decentralized currencies. Many new currencies have joined the increasing Defi projects since 2015.Among them, he is involved in projects such as Avalanche (AVAX), DAI.Of course, DeFi projects and the DeFi Coin list are not all about the successful coins above.Although DeFi projects have a lot of benefits and some of them have real infrastructure, there are also projects that are entirely based on fraud. Projects such as Hotdog and Pizza, which came to the fore in the past days, suddenly fell to $ 0, making many investors aggrieved.In addition, a project called Soft Yearn Fi has recently dropped from $150 to $0 and hundreds of investors have suffered. This shows that it is always necessary to be careful and research before investing in DeFi projects.The Claim to Delight DEFC InvestorsIt was enough for the brave traders who were able to get into the bottom ranks for Binance to reinstate LUNA and get a 1,000% return.LUNA is the #1 trading asset on the popular Stocktwits platform as traders try to make (or lose) a quick buck.However, with lower trading volumes, more liquidity may come. However, the relaunch of the terra blockchain and the re-listing of the LUNA and BST spot markets by Binance are calming the nerves after a tense week.The weekend open action for DeFi Coin (DEFC), an ultra-small cap we eyed after a 200% increase last week, was bearish but could be seen as an opportunity by more bullish market participants. to take advantage of a comfortable admission price. DEFC is currently trading at $0.33.We have seen that business2community.com has a detailed article about DEFC coin and gives advice to its readers on many issues. We are seeing positive signals about DEFC, which is a Defi project and has not yet been published on any stock market.According to the data we received from coinmarketcap, although there is no complete assurance about the DEFC coin yet, it seems that it can be a great source of income as it is listed on a major stock market.What is DEFC?0.334726 USD, 24-hour trading volume is 39,693.09 USD. We update our DEFC/USD prices in real time. Defi Coin is down one percent in the last 24 hours. Instant CoinMarketCap rank 4590, market cap not available. Circulating feed data is not available and is at maximum. 100,000,000 DEFC coins.Currently the largest exchange traded with Defi Coin. You can find other exchanges that make listings.Community Driven Community driven and fair launch. The development team burned all their tokens and joined along with everyone else.Auto LP Every trade contributes to creating liquidity automatically entering multiple pools used by exchangesRFI Static Prize Holders earn passive rewards through static reflection as they watch their DeFi Coin balance grow indefinitely.Use Scenarios DeFi Coin will also offer the option to participate in the exchange of collectibles on the platform. We will have a section for non-tradable tokens (NFT) where users can trade for DeFiCoin. You can choose to hold these NFTs if you own or trade on DeFiCoinSwap.Stability War in Defi coinsAll 15 of the top DeFi protocols are trading in red, with DeFiChain and 1Inch the top performers, down only 2% compared to -15% for Curve, -12% for Pancakeswap, and -7% for Uniswap and -10% for Compound. .DeFi was launched to build a more democratic financial system after the emergence of cryptocurrencies for the purpose of freedom. Another important purpose of DeFi systems is to enable people who do not have access to traditional financial systems to be able to do their financial work.Around 1.7 billion people worldwide do not have access to the traditional financial system, namely banking. DeFi systems aim to reach these people, whom the current financial system cannot reach.While there are physical barriers to accessing banking systems, people’s distrust of central banks is significant.We can say that a large increase is expected in many Defi projects with the largest volume, such as Avax. Defi projects seem to be of particular importance among Cryptos, which have gained the trust of investors and are now regarded as a currency for their future. It seems that the fluctuations in Defi currencies will end and it will be an important source of income for its investors in the future.

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Peter Oflina

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