My question is what is a defi project. One of my crypto friend was telling me to buy tokens with slippage, what is a slippage and what are some good defi or slippage projects ongoing to invest,
Thank you for the help
Thank you for the help
DeFi project simply is anything that traditional finance do, but its on the blockchain, example Saving and Lending activity, Trading activity (Decentralized Exchange), Deposit (Staking), and many else.
Slippage is a percentage of difference between the price expected over the price executed, so its not a projects.
I dont really know what hype on the DeFi right now, but two of DeFi im following right now is OMM Finance from ICX blockchain and Birb from BSC blockhain.
I see, so that means slippage is just a kind of fee cut.
One of my friend ask me to invest in Dogomoongo, Whenlambo and Vulkania. Are they good?
[Tutorial] Decentralized Finance (DeFi) for Noobs
DeFi Safety - Audit List
[DeFi] Yield Farming Guides
[DeFi] Some excellent topics on DeFi. Many good topics about DeFi in the list and you will have to spend lot of time to read all of them.
DeFi Safety - Audit List
[DeFi] Yield Farming Guides
[DeFi] Some excellent topics on DeFi. Many good topics about DeFi in the list and you will have to spend lot of time to read all of them.
Thanks mate, its very helpful, I feel I am a noob in crypto again.
