DeFi - Decentralized Finance

DAO Consensus will host a large-scale four-day online conference Decentralized Finance Global Summit 2020. DAO Consensus is a decentralized global business community in which each participant receives a share of the entire network's profits. It is an autonomous organization with no central authority governed by a system of smart contracts and member voting.

According to the report, the quarterly altcoin trading volume increased across the board. For example, among the top ten cryptocurrencies eToro, Binance Coin (BNB) and Tezos (XTZ) traded 46% and 37% respectively in Q3. Although still, this is a low result among the leading cryptocurrencies.

Q3 2020, the best quarter in the DeFi ecosystem. According to the report, the third quarter of 2020 is the most impressive quarter for DeFi. The Ethereum network dominates the DeFi space, but the market share of TRON and EOS has also increased.

It cannot be denied that the Defi market has been very sluggish in the past few weeks. After a stream of negative news about cryptocurrency. Whether it's news of the Kucoin hack, the lawsuit against Bitmex, or even news that US President Donald Trump is infected with Covid-19.

DeFi is one of the few projects that will definitely go down in history and remain. With the advent of Bitcoin (BTC), we have come to realize the value in the Blockchain. The next smart move would be trading, loans, borrowing, mortgages, risk transfer, etc. If you understand and believe in Bitcoin (BTC), there is absolutely no reason not to understand DeFi.

UMA is a decentralized platform. Cryptocurrency synthetic assets are part of the Decentralized Finance (DeFi) space. With the vigorous development of DeFi, ubiquitous projects have emerged. UMA is a great example of an excellent DeFi project.

Bisheng Capital announced its investment in Juggernaut (JGN) today, according to official sources. JGN is a customizable synthetic derivatives distribution platform that will build the next generation DEFI and DAO frameworks.

AnyTrade is another innovative product after uniswap. It is a decentralized derivatives trading protocol built on Ethereum, allowing users to directly trade any derivatives from ETH addresses

Derivatives, which have gained particular popularity among investors and traders over the past 40 years, help fill the market with liquidity and hedge risks. As the cryptocurrency market developed, derivatives linked to cryptocurrencies also began to appear, but their more active use is hindered by the specificity of cryptocurrencies - high volatility, large spread between the buy and sell prices, excessive risks of complete loss of assets.

The German startup has announced the importance of developing a decentralized energy industry to ensure the future development of DeFi