Friday, November 22, 2024
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Bringing community-based solutions to crypto lending can solve trust issues

A type of decentralized finance (DeFi) that allows investors to lend their crypto tokens in return for regular interest payments, the crypto lending space comprises both centralized and decentralized crypto entities that manage the entire process on behalf of their investors.Offering high annual percentage yields (APY) to investors from whom

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DeFi’s quest to reimagine finance must come from a community-based design

Crypto has seen a rise in novel uses of liquidity mining and rewards through protocols like Uniswap, Aave and Compound. More recently, a new crop of DeFi 2.0 protocols such as OlympusDAO, Alchemix and Abracadabra are exploring new ways of operating without giving up token rewards. For all the innovations happening

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