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10 Hot DeFi apps you MUST watch in 2020!
5 min readSep 2, 2020
Disclaimer
This is not a financial advise. Please read all the clauses clearly before investing. This is not a sponsored article.
This article assumes you already have basic knowledge about cryptocurrencies and its working.
1. Synthetix.io
A protocol for trading synthetic assets on Ethereum.
- You can trade other assets like Crypto, Commodity, Index, etc.
- Easy and almost no friction to get started.
- The native token has performed very well and has yielded good returns.
- You can stake tokens and earn passive income on it.
2. Aave
Aave is an open source and non-custodial protocol enabling the creation of money markets. Users can earn interest on deposits and borrow assets.
- You can borrow or lend crypto currency. By lending crypto currency you have an opportunity to earn interest.
