network: Best 10 DeFi projects to watch in 2022

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

STUDENT IN INFORMATICS & CRYPTO

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

I believe that the best DEFI projects must have an overall objective they must be decentralized fully and meet its objectives and goals, in addition to always maintaining the importance of its use in cryptocurrencies. take into account what your objectives are and thus know how to invest. examples of DEFI that will have a future 1.LITENTRY It is a new project that is based on giving identity to users between chains and making the use of Dapps and DEFI projects in an easier, more secure and private way. Can have a parachain on the Polkadot network and this increases its use. has a total supply of 100,000,000 LIT tokens. 2.CHAINLINK It is one of the most and best oracles used in projects, as it provides information and data. from the real world to blockchain smart contracts and these perform better. has a total supply of 1,000,000,000 LINK tokens. 3.PANCAKESWAP It is one of the largest decentralized exchanges used in binance smart chain network, it has very good commissions and accepts all BEP20 tokens. has a total supply of 243,290,536.41 CAKE tokens.

Self-employed

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

Polygon; It has a faster transaction fee at a lower cost than on ethereum and also allows you to stake Matic in order to earn rewards from securing the network

Artist

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

Polygon Network is an obvious choice and Cake Defi is another I would recommend. Polygon because of its cheap gas fees and its gaming platform.

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

crypto trader

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

I think the pancakeswap project gained a lot of relevance because of the much lower fees. The defi projects of the ethereum network are unfeasible for small investors.

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