aave: Best 10 DeFi projects to watch in 2022

aave: Best 10 DeFi projects to watch in 2022

< Show Wisdom Collection: Best 10 DeFi projects to watch in 2022article avatarVision N

Full Stack Developer / Crypto / Blockchain

Which DeFi projects do you recommend to watch in 2022 and why?

The different DeFi projects are coming into the existence to deal with scalability, interoperability, and high-cost issues. Have my top 10 DeFi projects are as follows: 1.Solana: It is my best project because it follows a revolutionary PoH(Proof-of-History) consensus algorithm to verify the transactions that mean transactions are proven according to the time stamp on the blockchain. It is the fastest blockchain network having the highest TPS. Sol price is increasing, let’s how far Solana-based DeFi projects can grow up in 2022. 2.Uniswap: This is another DeFi giant and has just included Arbitrum network as a scaling solution. The lowest fee and the fastest transaction could inspire this blockchain to achieve another milestone in 2022. 3.Polygon: It is also known as MATIC and is one of the most popular DeFi projects in 2021. It is created as an Ethereum layer 2 scaling solution. MATICE price was dramatically rose in 2021 and it is interesting to see whether it follows the same trend in 2022 or not. 4.Everscale: Previously it was Free TON (Blockchain created on the TON blockchain by the Telegram team) but recently the community has decided to rebrand the project. Currently, different NFT and DeFi projects are created on this blockchain and its mainnet tokens EVER have so many use cases. 5.Polkadot: It is another interesting project that has the potential to grow up very fast due to its multi-function and high scalability. DOT price is growing and it will be interesting to follow in 2022 too. 6.Chainlink: It’s programmable token’s bridge concept is excellent as it will allow connecting the multiple DeFi blockchains for the different use cases. 7.Cardano: It is another highly scalable blockchain. It has been announced Shelley upgrade and it is achieving high reputation in the DeFi space. And, last three DeFi projects also have a huge potential to be established in the DeFi sphere as they are trying to deal with scalability and high-cost issues, they are as follows: 8.Aave 9.Avalanche 10.Terra Luna

article avatarFabien Delhaye

Blockchain Expert / ICT Consultant / Naturopath / Hygienist

Which DeFi projects do you recommend to watch in 2022 and why?

Aave, which is a decentralized liquidity platform. One of the first DeFi. It gives lending opportunities and a lot of others things. It allows for borrowing assets and earning rewards. Avax (Avalanche) is really promising too. It is a really fast smart contracts plateform. It plays also a lot with NFTs. It builds connectivity with other blockchains like for example GRT, SUSHI or LINk (a really good DeFi project too). And of course SOL (maybe my favorite due to his rescent performances) or FTM, Luna, DOT, ADA. It is impossible to make a small selection, from my point of view, the best is to diversify our investissements between them all.

article avatarAthanasios Sarigiannidis

Algorithm creator, coder, chem. engineer,trader,investor

Which DeFi projects do you recommend to watch in 2022 and why?

my approach on DeFi always comes from the security scope before the rewards dimension for each project I get my hands on or just monitoring before I make any move. AAVE ,YFI, Illuvium, ADA, CAKE and Moonriver fit this narrative that ME personally wants to resonate with my personal values in this market. I'm not a financial adviser and I understand that there's no perfect answer when it comes to highly speculative or higher highs on speculative assets. wish you all goodluck and invest with less than your 10% worth is my real financial advice.

article avatarstan vlad

designer

Which DeFi projects do you recommend to watch in 2022 and why?

Aave- real time interest calculated yam finance- risky but gives good returns if invested wisely beefy finance- consistent price and growing regularly, uniswap-uniswap gave me the best returns for any DeFi projects from its inception Dai fantom 1inch network ox polkastarter

article avatarSubhi Ash Shalih

freelancer

Which DeFi projects do you recommend to watch in 2022 and why?

1. Uniswap (UNI) is a decentralized exchange that allows users to buy and provide liquidity directly from crypto wallets with minimal fees. 2. Aave (AAVE) is a decentralized liquidity platform that allows to borrow assets and get rewarded for deposits. You can also get rewards and discounts by betting AAVE coins on the Aave DeFi platform. 3. Terra Luna (LUNA) is a next-generation smart contract platform that combines decentralized finance with a stablecoin concept. The platform supports stablecoins that offer instant settlement, low fees, and seamless cross-border exchange. 4. Avalanche (AVAX), they consider themselves the “fastest smart contract platform in the blockchain industry,” while also cementing their place in the booming NFT space and establishing connectivity with other blockchain projects such as SushiSwap (SUSHI), Chainlink (LINK) ), and Graphics (GRT). AVAX is a competitor to Ethereum due to its ability to provide cheaper transactions in a short period of time. 5. Band Protocol (BAND) is similar to Chainlink in that it focuses on decentralized oracles that collect real-world data, which is then sent to smart contracts on blockchains like Cosmos and Ethereum. 6. Chainlink (LINK) is a decentralized oracle service that aims to connect smart contracts with data from the real world using oracle technology. Chainlink recently announced the launch of a Programmable Token Bridge that will enable new communications between DeFi blockchains. This will help DeFi to scale properly and avoid the bottlenecks that held back previous generation blockchain projects. 7. Polygon (MATIC) is one of the most widely adopted and fastest growing Ethereum Layer 2 scaling solutions and decentralized application ecosystem. It boasts features like interoperability, scalability, and security. 8. Solana (SOL) is known as Ethereum's main competitor for providing fast speeds while still being a Layer 1 platform, meaning it does not require assistance from other platforms to make these fast transactions. 9. Uma (UMA) is actively working to promote financial inclusion and democratize the derivatives space. Uma is expanding into the financial space and making it accessible to people around the world, creating true global investment inclusiveness. This sparked a fire on the DeFi core. 10. Compound (COMP), just like AVAX, is a source of liquidity for borrowing and lending assets. When you make a deposit to Compound, you receive CTokens in return, which you can then use to buy other cryptocurrencies on the platform.

article avatarKrypto Kelvin

Arbitrage Trading & Airdrop Management

Which DeFi projects do you recommend to watch in 2022 and why?

1. Uniswap 2. PancakeSwap 3. Aave 4. Maker 5. Flexa 6. Compound 7. THORChain 8. SushiSwap 9. Synthetix 10. Perpetual Protocol 11. Yearn finance 12. Curve 13. Ren 14. Serum 15. Bancor

article avatarElisée Yao

cryptopreneur

Which DeFi projects do you recommend to watch in 2022 and why?

uniswap,Aave,Avalanche,cardano,chainlink,polkadot,terra luna,matic,solana,syntexis are defi projects to be recommended in 2022.It brings together lenders and borrowers in a decentralized space to allow for an equal opportunity lending system. You can also earn rewards and discounts by staking the coins on the DeFi platformd.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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