Since 2017, there has been an increasing demand for Decentralized Finance (DeFi) as shown by its astronomical growth from a paltry $2.1 million to $48 billion, notwithstanding that the sector lost 45% of its net worth to changes in the crypto community in recent times.
Top 3 DeFi Decentralized Exchanges
While the crypto community can boast of an impressive number of DeFi Decentralize Exchanges, the following three have stood out from the pack with attractive features that endear them to crypto stakeholders:
PancakeSwap
Pancake Swap is a Decentralized Finance exchange powered by BINANCE Smart Chain. Via the exchange, crypto investors and traders can swap one cryptocurrency with another. For instance, users can swap BEP-20 tokens safely and quickly on the exchange.
With over $4.7 billion locked in Pancake Swap, it is the leading DeFi on Binance Smart Chain, This is proof of its growing popularity and acceptance among crypto investors and other stakeholders who need a reliable decentralized finance platform for their transactions.
SushiSwap
A Uniswap fork, Sushi Swap has carved a niche for itself in the Decentralized Finance industry. The platform has recorded significant growth in recent years, thanks to the multiple opportunities it offers users to mint more profits.
The decentralized exchange is run on the popular Ethereum blockchain and encourages users to be more active by offering them attractive incentives that include revenue sharing mechanisms and others.
It also provides an automated market maker that leverages the power of smart contracts to speed up automated trading between two cryptocurrency assets. These and several other features are behind the platform’s growth over the years.
Uniswap
If you need a decentralized exchange that will enable you to mint profits and fund liquidity pools, you need Uniswap.
On the platform, users can trade Ethereum-based ERC-20 tokens. They can also trade Ethereum-based protocols easily through the platform’s web 3.0 wallet. You can perform such transactions without withdrawing or depositing to a centralized order book or without third-party involvement.
Through its Ethereum network-based smart contracts, users can perform independent on-chain transactions without breaking the bank. These are some of the outstanding and attractive features that make this DeFi platform one of the best in the crypto industry.
Why DeFinance.APP ?
Although the three Decentralized Finance exchanges listed above have made their mark in the crypto industry, DeFinance still remains the exchange to beat, thanks to its outstanding features. The DeFinance protocol is designed to proffer practical and lasting solutions to the numerous challenges bedeviling the cryptocurrency market.
Its innovative approach to issues and top-notch security features helps it lay claim to the top position among the numerous DeFi exchanges. Its users don’t have to worry about security issues because the exchange is designed to eliminate all security challenges while promoting community-driving participation.
DeFinance also offers governance tokens. These are tokens developed to allow token holders to have a say in a protocol’s future. They can vote on decisions related to the DeFi’s protocol and make a significant input to the protocol’s development as stakeholders.
If you are looking for a decentralized exchange that offers a passive earning opportunity, DeFinance is it. Currently, the exchange is selling its DEFIN token privately and the public sale begins on September 1, 2021.
You can earn passive income if you hold the DEFIN token from swaps, traded volumes, collateralized assets, and listing. You also stand a good chance to earn passively through referrals. Refer your friends and family to the platform and earn a 5% commission on each referral.
Learn more about the platform via its official website and social media pages:
Website: www.definance.app
Telegram: https://t.me/definance_app
Twitter: https://twitter.com/definanceapp
