What Is Decentralized Finance (DeFi)?
Decentralized finance—often called DeFi or open finance—refers to the economic paradigm shift enabled by decentralized technologies, particularly blockchain networks. From peer-to-peer payment systems to automated loans to USD-pegged stablecoins, DeFi has emerged as one of the most active sectors in the blockchain space, with a range of use cases for developers, individuals, and institutions.
What Are the Benefits of Decentralized Finance?
Decentralized finance leverages three key principles of the Ethereum blockchain to unlock liquidity and growth opportunities, increase financial security and transparency, and support an integrated and standardized economic system.
Highly programmable smart contracts automate execution and enable the creation of new financial instruments and digital assets.
Tamper-proof data coordination across a blockchain’s decentralized architecture increases security and auditability.
Ethereum’s composable software stack ensures that DeFi protocols and applications are built to integrate and complement one another.
On-Demand Webinar: The Future of Finance
This free webinar explores the macro financial and technological trends that are contributing to the exponential growth of digital assets and decentralized finance.
What Are the Use Cases for Decentralized Finance?
- Know Your Transaction (KYT) and Compliance. Similar to the process of verifying the identities of customers and counterparties (KYC), blockchain-based DeFi solutions now enable businesses to easily monitor, analyze, and verify transaction details to prevent fraud and meet regulatory requirements.
- DeFi Data and Analytics. Track the value locked in DeFi protocols, borrow and supply APRs, exchange volumes, and more with our comprehensive and customizable data platform.
- Token Utilization. Programmable “proof of use” standards for token networks align incentivizes during network launches and minimize passive speculation, ensuring that tokens end up in the hands of actual users.
- Eth2 Staking. Our staking-as-a-service platform helps qualified validators earn rewards and avoid penalties for attesting blocks on the Eth2 Beacon Chain.
The Q1 2020 Ethereum DeFi Report
A review and analysis of decentralized finance in Q1 2020 by Alethio Analytics, including COVID-19 and Black Thursday market events, the performance of high-profile DeFi protocols, and a DeFi outlook for the rest of 2020.
Explore Our Suite of DeFi Products
Codefi is the blockchain operating system powering commerce and finance, built to optimize business processes and digitize financial instruments. Whether you're issuing tokens, managing payment transactions, or monitoring protocol risk, Codefi helps you easily access the full potential of exponential finance.
DeFi User Report
A report from ConsenSys Codefi examining user habits around cryptocurrencies and decentralized finance.
Evolving Trends in Token-Powered Networks
An analysis of 4 ecosystem trends, from the regulatory landscape to token distribution strategies.
Proof of Use: Activating Blockchain Networks Through Encoded Participation
ConsenSys Codefi's programmable standard for decentralized networks ensures tokens end up in the hands of actual users.
SKALE Network Announces Upcoming Token Launch on the Activate Platform
Activate by ConsenSys Codefi is the first platform designed to launch decentralized networks and allow customers to purchase, manage, and use their tokens—all in one application.
Token Launch Standards for Decentralized Networks
Codefi Activate's standards-based approach to network launches is creating robust and inclusive token ecosystems for the Web 3.0 economy.
2019 Was The Year of DeFi (and Why 2020 Will be Too)
How Ethereum will create an open financial system with new financial assets and protocols.
Connect With a Blockchain Expert Today
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