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First steps: Basic tips for getting started investing in DeFi

04/14/2022

Less than a minute

2022.04.14 19:42

First steps: Basic tips for getting started investing in DeFi

Decentralized finance (DeFi) protocols have diversified investment opportunities in the crypto industry by facilitating novel and innovative passive income generation schemes.

Delving a bit into how they work, DeFi systems are based on blockchain technology and run on programmable chains such as the BNB Chain and the Ethereum Network.

Staking

Yield farming

DeFi indexes

04/14/2022

Less than a minute

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