DefiPulse Reports Its Apps Growth Tripled Within a Year

Off the top of our heads, we can believe that more people are now noticing that the presence of services like loans or credit adds more authentic value to the crypto world. Even though decentralized finance plays a low-key niche in the global $235 billion cryptocurrency market cap, it is competent to lend in and contribute to useful fintech services to everyone who has access to the internet. It’s particularly captivating for people who still happen to be bankless in the developing world.

There’s an ample amount of functional DeFi projects in the running right now, here are some which have contributed the most-

Bancor Protocol

This company provided a smart contract-based token exchange protocol for DeFiPulse. It launched loads of cryptocurrencies called Smart Tokens.

Dharma

Dharma is a peer-to-peer marketplace, on Ethrereum which allows the exchange of cryptocurrencies, keeping them non-custodial too. It is an open-source protocol. This transforms Dharma into a platform where people get more than usual interest in their crypto holdings, especially in developing countries.

AirSwap

Airswap is a decentralized platform to trade Ethereum tokens from your preferable wallet. The custody is safeguarded all the time with instant availability of quotes at no extra charges of any sort.

Matic Network

The common issues which hinder the crypto adoption are slow block confirmations and extra charges. DeFiPulse Matic’s Network technology is about adding extra scalability to projects related to Ethereum. It offers exceptionally cheap transactions and faster speed by using an improvised Plasma framework on the company’s decentralized platform.