ecosystem: Best 10 DeFi projects to watch in 2022

ecosystem: Best 10 DeFi projects to watch in 2022

< Show Wisdom Collection: Best 10 DeFi projects to watch in 2022article avatarMartin Piper

Me

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

I really enjoy the XMS ecosystem. Great APR and plenty of farms and pools to chose from. Harvest payouts are done on a 180 day linear layout. Great way to earn extra tokens

article avatarMakinde Eniola

Affiliate & Network Marketer, Consultant, Speaker, Cryptocurrency and Defi lover.

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

Avalanche ecosystem is a very good project at that. Avalanche is well built and it's improving and adding more features to it's ecosystem like NFT's and the likes. Avalanche makes it easy for it's members to have control over their funds.

article avatar라클 오

IT Manager

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

avalanche is very big ecosystem and good project. Too past contract and low cost. Avalanche's technology is number one coin. I believe Avalanche technology.

article avatarKarthikeyan Ramachandran

Business Analyst /Blockchain Enthusiast

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

Most people ignore the DEFI in non-ethereum non-bsc non-Solana space. But that is where the real hidden gems reside. For example, the Tezos ecosystem, which has real potential and second-highest developer interest, has not participated in the current rally and is highly undervalued. In the Tezos ecosystem, PlentyDefi ( plenty token) is the leading Defi dapp with a dex, farms, stablecoin, wrapped Tez and all other products required for a complete decentralised ecosystem. Once tezos rally starts, Plenty will benefit the most. Also since it has a base in India, upcoming crypto (positive) regulations may impact its growth. So it is the right time to be in that.

article avatarvitaly sosnin sosnin

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

I think it's a Shiba. Shiba Inu (SHIB) is an Ethereum-based token designed to be an alternative to the popular Dogecoin (DOGE) memcoin. Unlike Bitcoin, which is inherently scarce, SHIB is deliberately abundant. The volume in circulation is 1 quadrillion tokens. The Shiba Inu token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.

article avatarMichael Usidamen

Cryptocurrency Analyst

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

I would recommend Popsicle Finance (ICE) Which have a Market Cap: $383M And Prices at 33.3$. The current Exchange which is Bitfinex, Uniswap, Pancakeswap. Popsicle Finance recognizes that the current ecosystem is not chain-agnostic. Users are not unable to interoperate their funds on different chains. To solve this problem, Popsicle Finance created multiple products Sorbetto, Gelateria, and Frapped.io. The three of them complement to create an ecosystem based on capital efficiency.

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 avatarTaofeek Yekeen

front end

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

Metaverse, One could argue that DeFi started with Bitcoin in 2009. BTC was the first-ever peer-to-peer digital money; the first financial applications built on blockchain technology. ... From there, other financial protocols launched, creating an increasingly vibrant and interconnected ecosystem.

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

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