_ image Source: Pool by Cake

DeFi is taking over the field of finance. What banks did decentralized services are doing now and probably more and more in the future.

The DeFi Jungle

We are already moving through a DeFi Jungle which is a good thing but also can be confusing and difficult, especially for newbies.

Most of this financial projects happened on Ethereum but we all know there have been technical problems and hickups. Now Binance with it's $BNB is taking over the field with several projects built on it. For example CUB which i am involved as well through the airdrop and buying some. I really like this project and i am happy to see a DeFi Project connected to HIVE in some way. What's lacking with BNB is that it is not really decentralized as much as i researched. So there is a project i am very confident about investing or staking my Liquid coins.

DeFiChain

I am so confident about this platform because i am observing it since the beginning and i realized there is a great team behind it, the community is active and supporting and the most important part:

It is Built-on-Bitcoin!!!

This Chain is Bitcoin native means anchored on the original Bitcoin blockchain which gives it a immense stability.

Read more about it here

Recently they announce that they have bought out external investors so the project is now fully Team and Community driven.

_ image Source: Pool by Cake

Lending

This is why i lend my BTC on Pool by Cake which is the platform on top of DeFiChain to lend Bitcoin and many more coins.

Make sure to check it out.

current lending batches _ image Source: Pool by Cake

Disclaimer This is no financial advice. Everything written is my opinion only and you should do your own research. Investing in Bitcoin and other cryptos, lending, DeFi, liquidity mining are high risk investments. You could lose everything, only invest what you can afford. Bear in mind that some of the links in this post are affiliate links and if you go through them to make a purchase I will earn a commission. Keep in mind that I link these companies and their products because of their quality and not because of the commission I receive from your purchases. The decision is yours, and whether or not you decide to buy something is completely up to you.

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