Crypto DeFi Interest Platform
| Platform | Blockchain | Staking/Pair | APY | URL |
|---|---|---|---|---|
| Compound | Ethereum | USDC | 2.43 % | link |
| ETH | 1.28 % | link | ||
| Curve | Ethereum | 3Pool (DAI,USDC,USDT) |
0.40 % | link |
| Arbitrum | 2Pool (USDC,USDT) |
0.14 % | link | |
| Optimism | 2Pool (USDC,USDT) |
0.08 % | link | |
| Matic(Polygon) | aave (DAI,USDC,USDT) |
2.24 % | link | |
| Aave | Ethereum | USDC | 1.69 % | link |
| DAI | 2.36 % | link | ||
| ETH | 1.20 % | link | ||
| WBTC | 0.02 % | link | ||
| Arbitrum | USDC | 0.78 % | link | |
| DAI | 1.64 % | link | ||
| ETH | 0.50 % | link | ||
| WBTC | 0.29 % | link | ||
| Optimism | USDC | 0.36 % | link | |
| DAI | 0.88 % | link | ||
| ETH | 0.06 % | link | ||
| WBTC | 0.07 % | link | ||
| Matic(Polygon) | USDC | 0.97 % | link | |
| DAI | 1.07 % | link | ||
| WETH | 0.31 % | link | ||
| WBTC | 0.05 % | link | ||
| Lido | Ethereum | ETH | 4.90 % | link |
| Matic(Polygon) | Matic | 6.30 % | link | |
| Euler | Ethereum | USDC | 1.68 % | link |
| USDT | 3.01 % | link | ||
| DAI | 1.72 % | link | ||
| stETH | 4.95 % | link | ||
| WBTC | 0.12 % | link | ||
| Convex | Ethereum | DAI+USDC+USDC | 2.59 % | link |
| ETH + stETH | 6.07 % | link | ||
| PancakeSwap | Binance Smart Chain |
USDT+USDC | 3.34 % | link |
| USDC+BUSD | 3.79 % | |||
| USDT+BUSD | 3.27 % | |||
| DAI+BUSD | 12.61 % | |||
| ETH+USDC | 6.23 % | |||
| BTCB+BUSD | 7.05 % |
An Overview of DeFi Interest
Compound
Website: https://compound.finance/
Official Twitter: @compoundfinance
- Lending gives you a higher interest rate.
- Avoid higher fees with Gateway's features
- Total Value Locked (TVL), the total value of virtual currency locked for operation at Compound, temporarily exceeds $10 billion.
Curve
Website: https://curve.fi/#/ethereum/swap
Official Twitter: @curvefinance
- DEX specialized in trading stable coins
- Long history and low-risk yield farming compared to other DeFi
- DeFi, known for having the most liquidity when swapping stable coins.
Aave
Website: https://aave.com/
Official Twitter: @AaveAave
- Unique Credit Consignment System Introduced
- Aave users can borrow virtual currency without collateral
- Lending platform that allows users to lend and borrow virtual currency on ethereum
Lido
Website: https://lido.fi/
Official Twitter: @LidoFinance
- A system in which currency is deposited in the blockchain network for a certain period of time for a reward.
- One of the largest liquid staking on Ethereum
Euler
Website: https://www.euler.finance/
Official Twitter: @eulerfinance
- All tokens with liquidity pairs with WETH can be listed on Uniswap V3, allowing borrowing and lending
- The "tiering" of listed tokens according to their risk characteristics, which reduces the problem of bad debt due to liquidation spillover effects.
Convex
Website: https://www.convexfinance.com/
Official Twitter: @ConvexFinance
- Convex's brokerage fees are very low compared to other Dex and DeFi
- Aggregator DeFi to Increase Rewards in Curve Finance
PancakeSwap
Website: https://pancakeswap.finance/
Official Twitter: @pancakeswap
- Decentralized exchange (DEX) with the AMM mechanism
- The biggest DeFi in Binance Smart Chain
- Currently supporting not only the BNB chain but also other chains (multi-chain)
Insurance: $200 million
What is DeFi Crypto currency Lending?
DeFi (Decentralized Finance) is a term that means "decentralized finance".
It is a financial service built on the blockchain and can be used without banks, governments, or other institutions!
- DeFi is decentralized finance that does not require a central administrator
- Fees are low, and financial services are available to anyone, regardless of regional boundaries
- The virtual currency needed to operate DeFi can be purchased on domestic exchanges
Risk and Caution of DeFi
Caution is required due to fraud and other problems.
DeFi is an emerging service, and while it offers first-mover advantage, it is also rife with fraudulent activities.
Phishing scams targeting beginners and projects aimed at swindling funds are rampant, and users must be aware of the need to protect their own assets when using the service.
In addition, DeFi is responsible for any problems that occur while using its services.
Be aware that unlike centralized services, it is difficult to receive compensation.
Funds deposited with DeFi may have a lock period.
DeFi is a system for managing virtual currencies, and there is a risk of fluctuation loss associated with a virtual currency crash.
Use DeFi with surplus funds, as a sudden drop in the value of the virtual currency under management may damage the value of your assets.
Rising gas prices increase the fee burden.
Blockchain platforms will see gas prices (fees) skyrocket as the number of users increases.
Keep in mind that Ethereum (ETH) in particular can experience scalability issues (slower processing speeds, higher fees) as the number of users increases, so the fee burden will increase at different times.