Learn more about crypto with this collection
How to create a diversified portfolio
How to analyze stocks and bonds
Understanding the basics of investing
One of the most significant effects of DeFi is that users now have more control over their assets. However, many of the most popular DeFi initiatives provide tools for users to manage their assets, such as purchasing, selling, and transferring digital assets. As a result, consumers can earn interest in their digital assets.
DeFi allows consumers to keep their sensitive data private. asset management is considered one of the most useful decentralized finance applications for users.
18
200 reads
Know-Your-Customer (KYC) protocols are extensively emphasized in traditional banking systems.
KYC rules are the company's most important compliance instrument for implementing anti-money laundering (AML) and counter-terrorist financing (CFT) measures.
KYC rules frequently conflict with DeFi's privacy efforts.
DeFi addresses this problem using a more recent notion known as the Know-Your-Transaction (KYT) method. This method implies that the decentralized infrastructure would be more concerned with transaction behaviors and digital addresses than with the users' identities.
18
136 reads
In DeFi, DAOs are the centralized financial institutions' counterparts, making them one of the pillars of decentralized finance use cases. Centralized financial entities play a significant role in the traditional system.
These organizations function as administrative bodies that oversee basic financial operations like fundraising, asset management, and governance implementation.
On the other hand, DAOs are decentralized by nature and do not follow the boundaries set by central governments or agencies.
18
104 reads
DeFi projects like DeFi Pulse and CoDeFi Data are delivering a lot of value in terms of analytics and risk management. Subsequently, businesses have become more agile as a result of these competitive advantages.
18
109 reads
Tokenized derivatives may be created using smart contracts, which has become one of the most interesting DeFi use cases.
18
109 reads
Composability is one of the key design principles of DeFi protocols, which means that different components of a system can readily connect and communicate with one another. Here, many people compare DeFi development to building with legos, earning the moniker "money legos" in the process.
Also, Ethereum developers and product teams can now build and launch DeFi protocols with the full-stack tooling and security integrations they require, thanks to Truffle's smart contract libraries, Infura's API suite, and Diligence's security tools.
19
59 reads
In recent times, blockchain-based digital identities are gaining more traction. However, pairing them with the DeFi protocols would give them easy access to the global economic system.
Moreover, the new type of digitized identity would help the underprivileged access DeFi apps from anywhere on the internet. Also, it could be one of the potential use cases.
18
64 reads
Insurance is a major financial industry that has proven to be one of the most prominent DeFi use cases.
However, a variety of novel insurance options have emerged to assist customers in obtaining coverage and protecting their assets. Moreover, with the successful implementation of smart contracts, all the issues with the current system can be solved.
18
57 reads
As the traditional banking systems are getting out of the competition due to DeFi, the emergence of a lending and borrowing use case proves to be vital.
However, the DeFi ecosystem is appropriate for peer-to-peer borrowing and lending. Several DeFi projects concentrating on this use case have already entered the market. Likewise, Compound and Pool together have autonomous interest-based protocols for borrowing and lending assets.
18
44 reads
Users can vote and exchange value on the outcome of events in blockchain-based prediction markets, which harness the crowd's wisdom.
However, market prices serve as crowdsourced indicators of an event's likelihood. Augur, a popular DeFi betting platform, offers prediction markets for election results, sporting events, economic events, and other topics.
18
48 reads
The Ethereum blockchain ecosystem gave the world new technological capabilities, including digital assets, smart contracts, and decentralized applications (DApps).
All of these tools have become essential components of decentralized finance initiatives as they addressed the primary problems in the previous system, DeFi projects quickly became mainstream successes. You can make an entry into the DeFi system with the help of top-tier DeFi development companies.
18
45 reads
More like this
3 ideas
Everything you need to know About DeFi Loans
101blockchains.com
5 ideas
What Are Liquidity Pools in DeFi and How Do They Work? | Binance Academy
academy.binance.com
7 ideas
Explore the Worldโs
Best Ideas
Save ideas for later reading, for personalized stashes, or for remembering it later.
Start
31 ideas
Start
44 ideas
# Personal Growth
Take Your Ideas
Anywhere
Just press play and we take care of the words.
No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.
Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.
Start
47 ideas
Start
75 ideas
My Stashes
Join
2 Million Stashers
4.8
5,740 Reviews
App Store
4.7
72,690 Reviews
Google Play
samz905
Donโt look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.
โ
Sean Green
Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.
โ
Shankul Varada
Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.
โ
Ashley Anthony
This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!
โ
Laetitia Berton
I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!
โ
Jamyson Haug
Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.
โ
Giovanna Scalzone
Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.
โ
Ghazala Begum
Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.
โ
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
โ
Access to the mobile app
โ
Unlimited idea saving & library
โ
โ
Unlimited history
โ
โ
Unlimited listening to ideas
โ
โ
Downloading & offline access
โ
โ
Personalized recommendations
โ
โ
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates