Hello guyz, I wasn't online to this great forum due to my health issues for the past two and a half years, And when I returned back yesterday I realized plenty of changes in crypto world. I had many altcoins and when I checked thr prices for the last three years in CMC I realized I missed a huge chance of making money, forget to mention most cons I had are dead now.
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
DeFi basically means ‘Decentralized Finance’. To explain it short and simple, it’s finance software built upon (in your case) the Ethereum Network. This is used to for example transact digital assets, smart contracts, build decentralized applications (DApps) and various other use cases.
In my point of view these are the best Defi Projects--Aave (AAVE)
Compound (COMP)
Yearn.finance (YFI)
Polygon (MATIC)