DeFi aggregation: Paving the way for mass adoption By Cointelegraph
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The DeFi revolution is transforming our financial landscape and empowering everyday people to take back control over their assets. However, the skill level necessary to practice DeFi successfully remains an obstacle to mass adoption. To overcome this roadblock and help grow decentralized finance, we need more DeFi aggregation services.
DeFi made simple
Aggregators are platforms that combine several different DeFi protocols to create a more efficient and complete service for end users. For example, 1inch aggregates multiple DEXs to find the best routes with minimal gas and slippage costs. Yearn Earn, on the other hand, aggregates several different loan, insurance and yield protocols. Other aggregators like Open Ocean help users capitalize on a range of opportunities via both DeFi and CeFi.
Amplifying communities
On-chain “LEGO blocks”
A smooth UX doesn’t need to be centralized
More yields, fewer tradeoffs
Leveling the playing field
Decentralization is key
Overcoming DeFi challenges
Insurance and risk management
Aggregating a brighter future
Continue Reading on Coin Telegraph
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The DeFi revolution is transforming our financial landscape and empowering everyday people to take back control over their assets. However, the skill level necessary to practice DeFi successfully remains an obstacle to mass adoption. To overcome this roadblock and help grow decentralized finance, we need more DeFi aggregation services.
DeFi made simple
Aggregators are platforms that combine several different DeFi protocols to create a more efficient and complete service for end users. For example, 1inch aggregates multiple DEXs to find the best routes with minimal gas and slippage costs. Yearn Earn, on the other hand, aggregates several different loan, insurance and yield protocols. Other aggregators like Open Ocean help users capitalize on a range of opportunities via both DeFi and CeFi.
Amplifying communities
On-chain “LEGO blocks”
A smooth UX doesn’t need to be centralized
More yields, fewer tradeoffs
Leveling the playing field
Decentralization is key
Overcoming DeFi challenges
Insurance and risk management
Aggregating a brighter future
Continue Reading on Coin Telegraph
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