DeFi is one of the fastest growing sectors in cryptocurrencies.
Decentralized Finance (DeFi) takes that promise one step further and the next step in the revolution of the open finance movement.
DeFi is creating a global and open alternative to all the financial services you use today (savings, loans, commerce, insurance and more) accessible to anyone in the world with a smartphone and Internet connection; offering users more direct control over their money.
Short for decentralized finance, DeFi is an umbrella term for a variety of application projects in the public space of the blockchain aimed at disrupting the world of traditional finance and creating a completely peer-to-peer ecosystem.Decentralized financial services are based on smart contracts or dApps supported by blockchain technology which is automatically executed in agreements that do not need intermediaries such as an institution or a lawyer.
The rise of DeFi is that the major players are getting involved or looking for ways to participate, but before them, here we are. In DeFi you can perform Yield Farming, which is the process of locking cryptocurrenciesin exchange for a reward.
Stay tuned for DeFi news that we will release soon.
Projects powered by KSOC Sports
Fanatics is an exclusive DeFi for fan tokens, football club tokens and sports entities. All football fanatics now have their place reserved in the DeFi gallery!
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