With "DeFi", or "Decentralized Finance”, one refers to the set of decentralized financial services built on public blockchains as Ethereum, BNB Chain, Polygon, Avalanche etc.
These services, known as DApps (decentralized applications), offer more transparency and censorship-resistant services, while allowing their usage to anyone with an internet connection.
Through the use of smart contracts it’s possible to swap tokens on the blockchain, to issue stablecoins and create decentralized lending services, up to more complex financial instruments, creating yield opportunities at a fraction of the traditional costs, with a valuable improvement on security.
Eidoo makes it easier than ever for users to access the thousands of opportunities of DeFi. Click here to learn how to connect your wallet to any DApp.
Eidoo, your gateway to DeFi.