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 the only smart contract platform that uses directed acyclic graph (DAG). This system is faster and cheaper than blockchain because it uses a data structure that links transactions together instead of making blocks of transactions first. The transaction chain allows users to validate transactions from others with their own transactions and is therefore infinitely scalable. For DeFi applications, fast, cheap and scalable is exactly what you need.
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.
Thorchain (RUNE)
With Thorchain, coins can be swapped directly from one blockchain to another without any intermediate step or wrapping. The technique behind this liquidity facility is a series of new technologies, which are kept behind the scenes, allowing even inexperienced traders to work with this platform. Market prices are maintained by the ratio of assets in a pool. Thorchain is planned to stop running on Cosmos on June 1, 2022 and expects to continue on its own mainnet after that.
Near Protocol (NEAR)
Near Protocol is a layer-one proof of stake blockchain started in 2020 and designed as a cloud-computing platform for distributed applications. Near not only has great advantages in terms of scalability but most importantly it puts the user at the center. Near won the people’s choice Crypto Award in late 2021. Applications on this blockchain are more like the web applications you are already used to using.
PanCakeSwap (CAKE)
Founded in 2020, PancakeSwap has grown into a very popular decentralized cryptocurrency exchange with a listing of more than 1500 coins. What Uniswap (UNI) does on the Ethereum network, PancakeSwap (CAKE) does on the Binance chain. Uniswap is older and therefore a bit bigger, but there have been days when PancakeSwap had more volume than UniSwap. Fortunately, as for Coca-Cola and Pepsi, there is room for both in the DeFi market.
Terra (LUNA)
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.
