The importance of DeFi Platforms for the Blockchain

Today we can find many DefI platforms where we get with many favorable and not so favorable things, that is to say they have their pros and cons, in addition we can highlight that many of them run the Ethereum blockchain, which gave it opening to be one of the most important in the DeFI universe. Let's get to know some of them and what they offer:

MakerDAO: We can say that its main feature is that it is a decentralized autonomous organization that runs on Ethereum, and they have the virtue of being able to create DeFi to achieve boost their token that is Maker and also has its stable currency anchored to the dollar..

This DeFi has the virtue that users can DAI coin on the MakerDAO platform. In such a way that we can use it as any cryptographic asset, it is also important to mention that its value is close to a dollar. It can also be used to safeguard and protect your resources or to participate if you wish in decentralized Ethereum applications that accept DAI as a means of payment.

AAVE: This is a platform that is very versatile because within its services it manages to offer a wide range such as exchange, deposit, tokenization with the burning of the token itself, repayment, payments. In addition we can say that this DeFi is mainly dedicated to decentralized lending in a very fast and secure way.

0x: This platform is very interesting for the blockchain because in addition to running on Ethereum, its main function is to build decentralized exchanges (DEX), which go against centralized platforms such as Poliniex, Binance where their owners manipulate such exchanges, no doubt that this situation places Ox as an element of change for the development of the blockchain created a lot of smart contracts for users to use them to make a creation of decentralized exchanges themselves and high security.

Augur: This is another of the main DeFi platforms that its main feature is the oracle, since through it, market predictions are made. It also allows users the opportunity to develop markets so that other users can make an investment.