gladysalina 0 Posted May 4, 2023 DeFi or Decentralized Finance is a term used in financial software it's built on the secure blockchain network. The main advantage is that there is no need for an intermediator or middleman in financial services utilities such as lending/ borrowing, tokenization, or trading. Decentralized Finance services can be used for different purposes in the financial industries of your business. Shamlatech is a well-known DeFi Development Company that helps you to deploy DeFi applications into the DeFi Space by reshaping your traditional financial systems with blockchain to secure your financial functions. For more information >>> https://shamlatech.com/decentralized-finance-defi-development/ Talk To Our Expert Now>> https://shamlatech.com/contact-us/ Quote Share this post Link to post Share on other sites
vickytalks 0 Posted May 12, 2023 The DeFi platforms provide various ways to generate profits. The common ways are: Yield Farming - Involves providing liquidity to DeFi protocols in exchange of rewards in the form of tokens Staking - Holding a certain amount of tokens to participate in the platform governance and earn rewards Trading - With the inclusion of price fluctuations in the cryptomarkets, Trading in a DFi platform can generate maximum profits. Liquidity provision - Providing liquidity to the DeFi protocols generate high profits by earning transaction fees. Borrowing & Lending - DeFi platforms offer borrowing and lending services that can generate high profits via the various interest rates Launch New DeFi Platforms - One of the highly profitable business ideas is to launch the DeFi platform. Via many transaction fees, token sales, and additional services, the DeFi platforms offer numerous profits to you. For more query connect here : https://t.me/vickytalkss Quote Share this post Link to post Share on other sites
