Things you can do when it involves Decentralized finance (Defi)
There is this popular saying in my country that stated that soldier goes, soldier comes, the barrack will always remain the same. The message that I am trying to pass out here is that irrespective of whatsoever thing that is happening in the cryptocurrency ecosystem and the blockchain at large, we all should knows that cryptocurrency will surely remain. You should bear it in your mind that when it comes to cryptocurrency and the blockchain at large, cryptocurrency is definitely here to stay, it use case and impact is something that we definitely can't do without. We all should knows that irrespective of anything happening in the cryptocurrency ecosystem and the blockchain at large, change will be the only thing that is adding to the modification of the cryptocurrency ecosystem. As per use case, you will see that the impact of cryptocurrency in today's world and ecosystem is something too big to neglect. Nakamoto Satoshi will be glad wherever he is, this is simply standing to the fact that despite his absence in the cryptocurrency ecosystem, the cryptocurrency project and it ecosystem is still waxing better and stronger.
If you have been observing the cryptocurrency ecosystem and the blockchain at large for some time now you will discover that the cryptocurrency ecosystem is where it is today simply because of the decentralised nature that it is projecting. As for your information, if you have been paying listening ear to what is happening in the cryptocurrency ecosystem and the blockchain at large you will discover that when it comes to the cryptocurrency ecosystem and the blockchain at large you will see that day in day out there is different companies embracing and keying into the cryptocurrency ecosystem. With the amount of trust already pushed into the cryptocurrency ecosystem, we all can see that such has been the thing impacting the cryptocurrency ecosystem and the blockchain at large in one way or the other especially a positive change.
Tracing the cryptocurrency ecosystem and the blockchain at large to how it is when the great Nakamoto Satoshi launched this project till day you will discover that more and more cryptocurrency project has launched into the cryptocurrency space over the years. Back then in the cryptocurrency ecosystem we are only conversant with trading, which is simply buying and selling. The good thing about what I am trying to say is that the cryptocurrency ecosystem and the blockchain at large has improved massively. We all can see that there is numerous ways you can benefit from the cryptocurrency ecosystem as it doesn't relent on just trading alone.
We all can see that right now we can blog and get rewarded with a cryptocurrency project, you can also involve yourself in cryptocurrency decentralized finance which means (Defi) in short. When it comes to decentralized finance, you should know or bear it in your mind that you can engage in numerous activities that involves lending, borrowing, providing liquidity, engaging in Non Fungible token etc Another thing to note is that it makes your cryptocurrency wallet very secured.
Just like the message that I am trying to pass above, we all should knows that when you are dealing with the cryptocurrency ecosystem and the blockchain at large, especially if it relates to decentralised finance, we all should knows that you can lock your cryptocurrency token for a period of time that you wished for. While locking it for some certain period of time we all should knows that for sure, there is light at the end of the tunnel. Simply put, there is reward for the actions you just take. As per locking your cryptocurrency token, you should knows that it is just like what what we are seeing in the banking sectors. You are free to lock your cryptocurrency asset for a certain duration of time that you wishes.
Another aspect here is that when it comes to decentralised finance, we all should knows that it offers more safety to your cryptocurrency token or holdoing when being compared to centralized exchange. The message that I am trying to pass out here is that when it comes to decentralize finance, you don't need to move your asset out of your cryptocurrency wallet before you can trade it. Aside this, you can borrow out your cryptocurrency token and for sure you will be glad you did it as for sure, there is reward on ground for you.
I will end the post here, have a nice day.
Posted Using LeoFinance Beta
