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Although a relatively novel and futuristic technology, MetaFi brings a new era of trading. Further, it brings together decentralized finance and metaverses and combines Web2 and Web3 applications for a seamless virtual experience.

DeFi 2.0 describes the next wave of innovation in what has already been one of the most successful innovations on the blockchain - decentralized finance.

Decentralized Finance (DeFi) has revolutionized the crypto space. Have you ever had DeFi explained to you in a way that was unclear or didn’t make sense? “What is DeFi?” is a question that many newcomers to the industry want to answer. However, the definitions of DeFi vary depending on who you ask. Fear not! In this “What is DeFi? - DeFi Explained” article, we’re going to break down the fundamental concepts of decentralized finance and explore some of the common terms used in the industry.

Badger DAO is yet another interesting DeFi project that seeks to accelerate the use of Bitcoin in DeFi. Read on to learn all about Badger DAO and its BADGER token!

A few decades ago, the traditional finance field looked more or less like it had always done. However, innovations in technology, payment processors, and applications have now made it possible for centralized finance (CeFi) and decentralized finance (DeFi) solutions to offer the same services historically offered within traditional finance.

There are hundreds of new decentralized finance (DeFi) applications popping up, with new utility tokens, crypto launchpads, and non-fungible tokens (NFTs) among some of the most popular trends in 2021 so far. Nord Finance is focusing on creating additional utility and profitability to stablecoins, a seemingly less exciting form of digital assets compared to their more volatile cryptocurrency counterparts. Nevertheless, stablecoins play a vital role in the cryptocurrency infrastructure and are often a key part of any crypto investment portfolio. The Nord Finance ecosystem and its native NORD token are allowing users to stake, farm, and earn high interest on a range of stablecoins. Moreover, this is achieved by minimizing risk whilst maximizing rewards.

The decentralized finance (DeFi) sector is arguably hotter than ever, and has grown at a tremendous rate in the past year. In fact, the DeFi industry has grown from around $1 billion in Total Value Locked (TVL) in March of 2020, to around $38 billion as of today, according to DeFi Pulse. This highlights how the DeFi industry is one of the hottest trends in crypto and how money is pouring into the sector. Not only has the amount of money locked in DeFi projects increased, so has also the number of decentralized applications and solutions. However, the sheer number of various alternatives creates problems for users, as functionality becomes spread out across many different platforms. To make the users’ lives easier, we have been provided with a solution in the form of Instadapp.

You might be forgiven for thinking that food-themed cryptocurrencies were just a ‘flash in the pan’, so to speak. To an extent, you may have even been correct. The yield farming frenzy during Summer 2020 produced several food-based yield farming protocols and tokens. PancakeSwap is a decentralized cryptocurrency exchange (DEX) built on Binance Smart Chain (BSC), powered by the BEP-20 Pancake token (CAKE). The CAKE token is one of several tokens used within the PancakeSwap protocol and made available for token swaps. Similar to Uniswap, PancakeSwap is an automated market maker (AMM) and decentralized application (dApp) that features liquidity pools where users can earn fees from staking, lending, and yield farming.

Fans of decentralized finance (DeFi) who are familiar with a particular children’s book series following the adventures of a young wizard may be pleased to hear that Alpha Homora is aiming to bring the magic back to DeFi. Launched by Alpha Finance Lab on Ethereum mainnet and powered by the ERC-20 ALPHA token, Alpha Homora is a leveraged liquidity and yield farming protocol. Coincidently, “Alohomora” is a spell in the Harry Potter universe for unlocking doors and windows. This begs the question, could Alpha Homora “siriusly” be unlocking the power of DeFi? Also, how many Harry Potter puns can we “Slytherin” to this article?