Best DeFi platform

Tregow

Registered Member

Jan 6, 2021

66

25

• Nov 7, 2021

• #1

Hi guys,

I would like to know which DeFi platform is for you the best and which one you use on lending/borrowing and liquidity providing purposes ? On my side, I'm currently using PancakeSwap and Raydium but open to know some smaller and more profitable.

 

ppc_expert

Regular Member

Oct 22, 2009

488

169

• Nov 7, 2021

• #2

Alpaca, mdex, auto farm, uniswap and counting

 

P

Primerax

Junior Member

May 3, 2021

167

87

• Nov 8, 2021

• #3

Pancakeswap CAKE staking

 

alurosu

Elite Member

Jun 16, 2020

2,187

1,662

• Nov 8, 2021

• #4

There's an interesting concept in https://pooltogether.com/ where you can win the bounty of all participants instead of just your share. It's like a lottery, but not really. You get your ticket money back because all they need is liquidity.

Another one is https://alchemix.fi/ where you never lose your collateral, but you have to pay double to unlock your ETH. Mathematically it makes sense. Get a loan half of your worth and wait for prices to double to get your money back.

 

Tregow

Registered Member

Jan 6, 2021

66

25

• Nov 9, 2021
• Thread Starter Thread Starter

• #5

alurosu said:

There's an interesting concept in https://pooltogether.com/ where you can win the bounty of all participants instead of just your share. It's like a lottery, but not really. You get your ticket money back because all they need is liquidity.

Another one is https://alchemix.fi/ where you never lose your collateral, but you have to pay double to unlock your ETH. Mathematically it makes sense. Get a loan half of your worth and wait for prices to double to get your money back.

Click to expand...

Thanks for the share, I'll take a look, it seems interesting projects !

 

W

wankawonk

Regular Member

Jul 16, 2015

328

332

• Nov 9, 2021

• #6

I think pancakeswap and raydium are just decentralized exchanges (there's no borrowing or lending that I know of, you're just providing liquidity for token swaps)

if you're interested in borrowing/lending you should look at Aave, Compound, and MakerDAO

 

R

Ria2021

Newbie

Nov 8, 2021

16

2

• Nov 10, 2021

• #7

Terra

 

seokrua

Newbie

May 27, 2022

11

1

• May 27, 2022

• #8

balancer