Buy 10 DeFi cryptocurrencies in one go!
The DeFi Bundle consists of the 10 largest DeFi cryptocurrencies. Decentralized Finance (DeFi) is the movement that uses decentralized networks and blockchains to transform traditional financial products into trustless and transparent protocols that work without intermediaries. The DeFi Bundle can be automatically balanced and revised, so that you no longer have to worry about this.
Cryptocurrencies in the DeFi Bundle
Aave (AAVE)
Avalanche (AVAX)
Chainlink (LINK)
Chainlink (LINK) is a decentralized oracle service, linking smart contracts in any blockchain with accurate data from the real world. It uses reputation and aggregation to collect data from selected oracles and find the most accurate data feeds.
Fantom (FTM)
Fantom is a highly scalable and fast layer-1 (proprietary network) solution that supports DeFi, DApps and enterprise applications. There are currently over 40 projects already running their dApps on the Fantom blockchain with a combined value of over $5 billion. Fantom keeps costs low and performance high with Lachesis – a DAG-based asynchronous non-deterministic algorithm that processes transactions on Fantom’s Opera mainnet. The main goal of Opera mainnet is to enable the use of smart contracts through Ethereum’s EVM (Ethereum Virtual Machine), but without the congestion and high cost of the current Ethereum network. Due to the DAG technique, the Opera network is fully scalable and congestion when using one of the apps does not affect the speed of other apps at all.
Lido DAO (LDO)
LIdo DAO was created a few weeks after plans for Ethereum 2.0 were announced. It ensures that crypto that must be fixed for a certain amount of time for a reward on proof of stake blockchains is still available for other DeFi applications. Lido DAO currently works for Ethereum, Solana, Polygon and Polkadot.
Maker DAO (MKR)
The Maker Protocol is one of the cornerstones of Ethereum’s DeFi ecosystem. The Maker Protocol allows users to lock in their crypto assets as collateral and receive a loan in the form of Dai, a stablecoin worth $1. The process is completely transparent and functions through a system of smart contracts on Ethereum.
This smart contract layer enables DApps directly on the Bitcoin blockchain. Stacks brings a new programming language developed with Algorand, a new cloud-based storage system Gaia and finally the ability to use digital identity and smart contracts on the first, largest and most secure blockchain.
Rocket Pool is a fully decentralized staking protocol where RPL functions as a governance token in voting on all decisions. Rocket Pool and Lido DAO are the two most popular solutions for staking on Ethereum 2.0.
The Graph (GRT)
The Graph is an indexing protocol for retrieving data from blockchain networks. It is increasingly used in applications for both DeFi and the wider Web3 ecosystem. The Graph currently supports indexing data from Ethereum, IPFS, POA, Polkadot, Solana, Near, and Celo. Additional Layer-1 blockchains under investigation for integration include Bitcoin, Cosmos, Avalanche, Binance Smart Chain, and Flow. The ultimate goal is to make structured information available on all standalone blockchains.
