Among some well-known Defi, the one I personally like the most is definitely $UNI
1. Uniswap
• Description: Uniswap is a decentralized exchange (DEX) that allows users to trade tokens without an intermediary.
• Features: Automated Market Maker (AMM) model, liquidity pool, low transaction fees.
2. Aave
• Description: Aave is a decentralized lending platform where users can lend and borrow crypto assets.
• Features: variable and fixed interest rates, flash loans, and a wide variety of collateral.
3. Compound
• Description: Compound is an algorithm-driven decentralized lending protocol that allows users to earn interest or borrow crypto assets.
• Features: Dynamic adjustment of interest rate algorithm, support for multiple tokens, governance token COMP.
4. MakerDAO
• Description: MakerDAO is a decentralized autonomous organization responsible for issuing the Dai stablecoin.
• Features: Overcollateralization, decentralized stablecoins, governance token MKR.
5. Curve Finance
• Description: Curve Finance is a decentralized exchange that focuses on efficient trading of stablecoins.
• Features: Low slippage, low fees, optimized liquidity pools.
6. SushiSwap
• Description: SushiSwap is a decentralized exchange that was originally a fork of Uniswap.
• Features: Liquidity mining, governance token SUSHI, community-driven.
7. Yearn Finance
• Description: Yearn Finance is an aggregated yield optimization platform that helps users get the highest yield in the DeFi ecosystem.
• Features: Yield strategy, automated investment, governance token YFI.
8. Balancer
• Description: Balancer is a decentralized exchange and automated market maker platform that supports multi-asset pools.
• Features: Flexible liquidity pools, dynamic transaction fees, governance token BAL.
9. PancakeSwap
• Description: PancakeSwap is a decentralized exchange based on Binance Smart Chain.
• Features: low transaction fees, liquidity mining, governance token CAKE.
10. Synthetix
• Description: Synthetix is a decentralized synthetic asset issuance platform that supports the creation and trading of various financial assets.
• Features: synthetic assets, collateralized SNX tokens, on-chain price oracles.
