SKY TRANSIT : Parallels in 100+ DeFi Projects

Today's SKY TRANSIT was constructed via excerpts from an article I wrote entitled Diving in DeFi World : Parallels in 100+ Projects .

The explosion occurring in blockchain because of decentralized finance (DeFi) advances the perception of crypto in relentless fashion.

DeFi appears to be the final puzzle in connecting the world’s financial transactions. It allows human beings across the world to operate within a network that resembles trading at ancient markets.

Virtual assets, and the benefits that can be derived from them, are secured on a blockchain directly by the parties involved. Devoid of intermediaries, this system can be compared to handing someone a freshly baked apple pie in one hand and accepting a small piece of gold with the other.

FINANCE
vs
Money, Assets and Banking

... digital finance can be light years more complex than writing a paper check or signing for a mortgage.

Smart contracts are helping digital finance mature. Blockchain provides a way to tether a financial contract to various parties over periods of time all while automating aspects that cater to trusted networks.

Win, win. Whether a token is designed for lending services, facilitating token swaps, or some other elaborate financial transactions, coins are retained by owners. Users gain value. This illustrates mutual financial gain by leveraging virtual assets

DeFi Resources

Fully examining the multitude of current and emerging defi projects is a rather intensive endeavor. To help grasp emerging events throughout the rapidly advancing DeFi space, I’ve compiled a brief list of sources and highlighted their usefulness.

Rankings by users across all major crypto dapp platforms
-> https://dappradar.com/rankings/category/defi

Ranking based on market cap
-> https://coinmarketcap.com/defi/

Comprehensive_List_#1 of successful defi projects categorized by

• DAOs
• Data and analytics
• Derivatives
• Developer and infrastructure toolings
• Exchanges and liquidity
• Identity
• Insurance
• Investment
• Lending and borrowing
• Marketplaces
• Payments
• Prediction markets
• Stable coins
• Wallets
  -> https://consensys.net/blog/news/the-100-projects-pioneering-decentralized-finance/

Comprehensive_List_#2 of successful defi projects categorized by

• Payments
• Stablecoins
• Infrastructure
• Investments
• Liquidity and exchanges
• Derivatives
• KYC
• Marketplace
• Lending and credit
• Prediction markets
• Wallets
• Insurance
  -> https://101blockchains.com/top-defi-projects/

I'll conclude here, as SKY TRANSITS are meant to be quick reads.

_{Let me know if I am missing anything. Appreciate it.
visit the original post here}

#ProjectHOPE

_{Spread the word and create exciting opportunities.
For more information about @project.hope, fly over to the main site here and view content by other #PH authors.}