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5 Unique and Innovative DeFi Projects to Watch During Dip
6 hours ago by Julia Sakovich · 4 min read
Photo: Coinspeaker
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DeFi continues to gain momentum as more in and outside the crypto world understand its immense potential. Take a look at some of the most promising DeFi projects.
While Elon Musk and Dogecoin have seemed to dominate crypto headlines lately, for some, decentralized finance continues to prove popular and becomes an even more attractive opportunity to invest as the market is bleeding.
DApp Radar revealed in mid-May how Polygon, a top platform for scaling and development on Ethereum, grew by 75,000 users over the past week. Investment into the DeFi field continues even as unique projects keep entering the scene that force investors to engage with new technological areas.
Place/Date: Singapore - April 5th, 2021 at 5:59 pm UTC · 3 min read
Cook Protocol, a cross-chain DeFi asset management protocol, has completed its Initial Decentralized Exchange offering on DuckStarter and has successfully distributed the COOK token on three blockchains.
Cook Protocol is a decentralized platform for performing cross-chain asset management. The protocol allows anyone to create strategies for earning yield, which can be used passively by the Cook community. Fund managers have complete freedom in creating strategies and deploy them on multiple blockchains. Strategies can range from simple yield farming aggregation to advanced index funds and derivative-based trading systems.
Photo: Cook Protocol