Which Defi Coins Should You Know in the Crypto Industry?

Which Defi Coins Should You Know in the Crypto Industry?

We meet again with an article that will be updated with news about the world of crypto and in this article will be the same. DeFi, or the full name Decentralized Finance, has a lot, which will make many readers. People are starting to be interested in Defi's monetary form, so in here we will talk about the topic of coins that should be known in the crypto industry in 2022. How interesting is each coin that we quoted?

- UNI

Platform used: Uniswap, inspired by Ethereum founder Vitalik Buter.

Fun Fact: UNI is a Governance Token. Tokens will be able to participate in the decision-making of the platform, including UNI, the first DeFi DApp token among the top 10 cryptocurrencies in the world.

- ALPHA

Platform used: Alpha Finance Lab, which is a Defi platform that can run on both Ethereum and Binace Smart Chain (Cross chain).

Interest: It is a coin created by Thai people. It is a Governance Token that gives holders the power to exercise their voting rights on the development and guidance of the platform. And most importantly, it is a coin that is supported by a subsidiary of Siam Commercial Bank like SCB 10X as well.

- AAVE

Platform used: It is a type of loan. Decentalized, it is not operated through any institution or anyone.

Interesting facts: AAVE is a digital currency that is used as collateral to prevent loan defaults.

It is a Governance Token that gives its holder the right to direct and develop. In addition, a Lending Pool has been created that has a special feature, being able to borrow more than 17 currencies.

-YFI

Platform used : yearn.finance Recognized as the most secure DeFi platform in the world.

Interesting facts: YFI is an ERC20 standard type of token used to view all activities in yearn.finance It is limited to 30,000 coins and has become the world's most expensive coin, costing more than Bitcoin.

- CRV

Platform used: Curve.fi, a decentralized exchange. that holders can exchange coins without having to have an intermediary

Attractiveness: The fair price is very low. Made it easy to exchange similar ERC- 20 tokens. This is usually a stablecoin.

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