DeFi is all about Dexes, lending borrowing, staking, yield farming cryptocurrencies in a way traditional banks will never be able to. Defi is very hard to work with though in my opinion.. . Defi platforms are not very user friendly and with so many scams out there you have to be very careful. The high gas fees are forcing users to switch chains as well. So in order to improve all of the above we need a crosschain bridge and also something to reduce the fees and make the use of DeFi easier. From the top projects I know that Polkadot achieving this. We also have smaller projects like Acala and Clover finance trying to achieve this. Any other projects I should look into?

submitted by /u/rbangelbottoms
[link] [comments]

This post was originally published on this site