• Latest
  • Trending
“De-Fi”, Finance redefined

“De-Fi”, Finance redefined

January 22, 2021
Colombo Port City

Port City to be launched in Dubai and Abu Dhabi on Sep. 26

September 23, 2023
There are no spy ships in Sri Lanka, says President Wickremesinghe

There are no spy ships in Sri Lanka, says President Wickremesinghe

September 23, 2023
Sanatana Dharma row | Supreme Court issues notice to T.N. government, Udhayanidhi Stalin

Sanatana Dharma row | Supreme Court issues notice to T.N. government, Udhayanidhi Stalin

September 23, 2023
India-West Partnership In Trouble

India-West Partnership In Trouble

September 23, 2023
Imports. Image credits - Paul Teysen @hooverpaul55 / Unsplash

Restrictions on all imported goods, except vehicles, to be lifted in October

September 23, 2023
UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

September 22, 2023
Fixtures announced for ICC U19 Men’s Cricket World Cup 2024 in Sri Lanka

Fixtures announced for ICC U19 Men’s Cricket World Cup 2024 in Sri Lanka

September 22, 2023
What is Nipah virus? Kerala starts mass testing after outbreak in India

Nipah virus: Message from Sri Lankan Health Authorities

September 22, 2023
Water cut. Image credits - Walter Randlehoff / Unsplash

12 hour water cut in areas of Colombo

September 22, 2023
Google Maps

Google sued for negligence after man drove off collapsed bridge while following map directions

September 22, 2023
Fuel

Russia temporarily bans fuel exports to most countries in response to shortages

September 22, 2023
President Ranil Wickremesinghe engaged in a cordial meeting with President Joe Biden of the United States

President Ranil meets with US President Joe Biden in New York

September 22, 2023
  • About Us
  • Advertisements
  • Privacy Policy
  • Contact
Saturday, September 23, 2023
No Result
View All Result
NewsIn.Asia
  • Home
  • Around South Asia
    • All
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
    There are no spy ships in Sri Lanka, says President Wickremesinghe

    There are no spy ships in Sri Lanka, says President Wickremesinghe

    Sanatana Dharma row | Supreme Court issues notice to T.N. government, Udhayanidhi Stalin

    Sanatana Dharma row | Supreme Court issues notice to T.N. government, Udhayanidhi Stalin

    India-West Partnership In Trouble

    India-West Partnership In Trouble

    Imports. Image credits - Paul Teysen @hooverpaul55 / Unsplash

    Restrictions on all imported goods, except vehicles, to be lifted in October

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    Fixtures announced for ICC U19 Men’s Cricket World Cup 2024 in Sri Lanka

    Fixtures announced for ICC U19 Men’s Cricket World Cup 2024 in Sri Lanka

    What is Nipah virus? Kerala starts mass testing after outbreak in India

    Nipah virus: Message from Sri Lankan Health Authorities

    Water cut. Image credits - Walter Randlehoff / Unsplash

    12 hour water cut in areas of Colombo

    President Ranil Wickremesinghe engaged in a cordial meeting with President Joe Biden of the United States

    President Ranil meets with US President Joe Biden in New York

  • World
    • All
    • Japan
    • Russia
    • United Kingdom
    • United States
    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    Google Maps

    Google sued for negligence after man drove off collapsed bridge while following map directions

    Fuel

    Russia temporarily bans fuel exports to most countries in response to shortages

    President Ranil Wickremesinghe engaged in a cordial meeting with President Joe Biden of the United States

    President Ranil meets with US President Joe Biden in New York

    US mediation alone can end India-Canada rift

    US mediation alone can end India-Canada rift

    India suspends visas for Canadian nationals

    India suspends visas for Canadian nationals

    What is Nipah virus? Kerala starts mass testing after outbreak in India

    What is Nipah virus? Kerala starts mass testing after outbreak in India

    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    iOS 17 release: See what’s new in iPhone features

    Photo Illustration by Alberto Mier/CNN/Getty

    Saudi Arabia is trying to disrupt soccer’s world order. The reasons why might surprise you

  • Business
  • Politics
  • Sports
  • Entertainment
    • All
    • Books
    • Gaming
    • Movie
    • Music
    • Series
    Jawan is releasing on 4000 screens internationally. It is the widest release for an SRK centric film (Credit: Red Chillies Entertainment)

    This actor is so huge his fans lined up at 4.30 a.m. to watch his new movie

    Instagram. Solen Feyissa @solenfeyissa / Unsplash

    New report reveals highest earners from Instagram posts

    Barbie

    Lebanon bans ‘Barbie’ movie

    How I came to love ‘Oppenheimer’ and still detest the bomb

    How I came to love ‘Oppenheimer’ and still detest the bomb

    Rajnikanth

    Back Offices in Chennai, Bengaluru declare holiday on August 10 for Rajnikanth’s ‘Jailer’ movie premiere

    Taylor Swift

    Taylor Swift Seattle concert generates seismic activity

    Actors Emily Blunt (L), Cillian Murphy (centre) and Florence Pugh (R) at the premiere of Oppenheimer. Image credits - Getty Images.

    Hollywood actors announce historic strike

    Hugh Jackman dons classic Wolverine suit in Deadpool

    Hugh Jackman dons classic Wolverine suit in Deadpool 3 first look

    David Corenswet and Rachel Brosnahan will star in the film, set to come out in 2025. Image credits - Getty Images

    Superman: Legacy finds its Superman and Lois Lane

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Science
    • Travel
    The Upper House (Hong Kong): This beloved Hong Kong classic sits above Admiralty's Pacific Place and features 117 luxuriously-designed rooms. Courtesy Upper House Hong Kong

    World’s 50 best hotels for 2023 revealed

    Indian government’s decision to delay the census raises suspicions, says Lancet

    Indian government’s decision to delay the census raises suspicions, says Lancet

    This airline wants you to travel without clothes

    This airline wants you to travel without clothes

    Sleep. Image credits - Priscilla Du Preez @priscilladupreez / Unsplash

    Diabetes risk increased by 19% due to one common sleeping habit, study finds

    Barcelona. Image credits - Logan Armstrong loganstrongarms

    The best ‘workcation’ cities for remote and hybrid workers around the world

    Child. Image credits - Ippei Naoi | Getty

    Netherlands, home to the world’s happiest kids—6 things parents here never do

    The roots of Chandrayaan 3’s success   

    The roots of Chandrayaan 3’s success   

    Work

    Five of the best countries for expats in 2023

    Sugar. Image credits - Myriam Zilles myriamzilles / Unsplash

    How hunger can warp our minds

    Airline / Flight

    Have airlines gone too far with their extra fees?

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Tech
    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    iOS 17 release: See what’s new in iPhone features

    How to erase everything that Google and Facebook know about you

    How to erase everything that Google and Facebook know about you

    Apple

    France orders Apple to halt iPhone 12 sales

    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    Apple debuts iPhone 15 and iPhone 15 Plus

    Apple will host its iPhone 15 launch event called “Wanderlust” in California CREDIT: APPLE INC HANDOUT/EPA-EFE/Shutterstock

    iPhone 15 launch (Live)

    Google Keyboard

    Google to introduce AI-driven ‘Proofread’ feature in Gboard Keyboard

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Coronavirus
  • Videos
  • Home
  • Around South Asia
    • All
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
    There are no spy ships in Sri Lanka, says President Wickremesinghe

    There are no spy ships in Sri Lanka, says President Wickremesinghe

    Sanatana Dharma row | Supreme Court issues notice to T.N. government, Udhayanidhi Stalin

    Sanatana Dharma row | Supreme Court issues notice to T.N. government, Udhayanidhi Stalin

    India-West Partnership In Trouble

    India-West Partnership In Trouble

    Imports. Image credits - Paul Teysen @hooverpaul55 / Unsplash

    Restrictions on all imported goods, except vehicles, to be lifted in October

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    Fixtures announced for ICC U19 Men’s Cricket World Cup 2024 in Sri Lanka

    Fixtures announced for ICC U19 Men’s Cricket World Cup 2024 in Sri Lanka

    What is Nipah virus? Kerala starts mass testing after outbreak in India

    Nipah virus: Message from Sri Lankan Health Authorities

    Water cut. Image credits - Walter Randlehoff / Unsplash

    12 hour water cut in areas of Colombo

    President Ranil Wickremesinghe engaged in a cordial meeting with President Joe Biden of the United States

    President Ranil meets with US President Joe Biden in New York

  • World
    • All
    • Japan
    • Russia
    • United Kingdom
    • United States
    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    Google Maps

    Google sued for negligence after man drove off collapsed bridge while following map directions

    Fuel

    Russia temporarily bans fuel exports to most countries in response to shortages

    President Ranil Wickremesinghe engaged in a cordial meeting with President Joe Biden of the United States

    President Ranil meets with US President Joe Biden in New York

    US mediation alone can end India-Canada rift

    US mediation alone can end India-Canada rift

    India suspends visas for Canadian nationals

    India suspends visas for Canadian nationals

    What is Nipah virus? Kerala starts mass testing after outbreak in India

    What is Nipah virus? Kerala starts mass testing after outbreak in India

    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    iOS 17 release: See what’s new in iPhone features

    Photo Illustration by Alberto Mier/CNN/Getty

    Saudi Arabia is trying to disrupt soccer’s world order. The reasons why might surprise you

  • Business
  • Politics
  • Sports
  • Entertainment
    • All
    • Books
    • Gaming
    • Movie
    • Music
    • Series
    Jawan is releasing on 4000 screens internationally. It is the widest release for an SRK centric film (Credit: Red Chillies Entertainment)

    This actor is so huge his fans lined up at 4.30 a.m. to watch his new movie

    Instagram. Solen Feyissa @solenfeyissa / Unsplash

    New report reveals highest earners from Instagram posts

    Barbie

    Lebanon bans ‘Barbie’ movie

    How I came to love ‘Oppenheimer’ and still detest the bomb

    How I came to love ‘Oppenheimer’ and still detest the bomb

    Rajnikanth

    Back Offices in Chennai, Bengaluru declare holiday on August 10 for Rajnikanth’s ‘Jailer’ movie premiere

    Taylor Swift

    Taylor Swift Seattle concert generates seismic activity

    Actors Emily Blunt (L), Cillian Murphy (centre) and Florence Pugh (R) at the premiere of Oppenheimer. Image credits - Getty Images.

    Hollywood actors announce historic strike

    Hugh Jackman dons classic Wolverine suit in Deadpool

    Hugh Jackman dons classic Wolverine suit in Deadpool 3 first look

    David Corenswet and Rachel Brosnahan will star in the film, set to come out in 2025. Image credits - Getty Images

    Superman: Legacy finds its Superman and Lois Lane

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Science
    • Travel
    The Upper House (Hong Kong): This beloved Hong Kong classic sits above Admiralty's Pacific Place and features 117 luxuriously-designed rooms. Courtesy Upper House Hong Kong

    World’s 50 best hotels for 2023 revealed

    Indian government’s decision to delay the census raises suspicions, says Lancet

    Indian government’s decision to delay the census raises suspicions, says Lancet

    This airline wants you to travel without clothes

    This airline wants you to travel without clothes

    Sleep. Image credits - Priscilla Du Preez @priscilladupreez / Unsplash

    Diabetes risk increased by 19% due to one common sleeping habit, study finds

    Barcelona. Image credits - Logan Armstrong loganstrongarms

    The best ‘workcation’ cities for remote and hybrid workers around the world

    Child. Image credits - Ippei Naoi | Getty

    Netherlands, home to the world’s happiest kids—6 things parents here never do

    The roots of Chandrayaan 3’s success   

    The roots of Chandrayaan 3’s success   

    Work

    Five of the best countries for expats in 2023

    Sugar. Image credits - Myriam Zilles myriamzilles / Unsplash

    How hunger can warp our minds

    Airline / Flight

    Have airlines gone too far with their extra fees?

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Tech
    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    iOS 17 release: See what’s new in iPhone features

    How to erase everything that Google and Facebook know about you

    How to erase everything that Google and Facebook know about you

    Apple

    France orders Apple to halt iPhone 12 sales

    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    Apple debuts iPhone 15 and iPhone 15 Plus

    Apple will host its iPhone 15 launch event called “Wanderlust” in California CREDIT: APPLE INC HANDOUT/EPA-EFE/Shutterstock

    iPhone 15 launch (Live)

    Google Keyboard

    Google to introduce AI-driven ‘Proofread’ feature in Gboard Keyboard

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Coronavirus
  • Videos
NewsIn.Asia
No Result
View All Result
Home Tech

“De-Fi”, Finance redefined

Fazli Sameer by Fazli Sameer
January 22, 2021
in Tech
Reading Time: 2 mins read
10 0
A A
“De-Fi”, Finance redefined
Share on WhatsApp

“De-Fi”, decentralized finance has been the main player, in the economic sector during the year 2020, on the blockchain platform. With the Covid-19 pandemic ravaging the planet through the past 12 months the cryptocurrency market has been taking over the nervous investors from missing out on the carrot at the end of the stick. The Total Volume Locked (TVL) of De-Fi, which represents the dollar value of assets, passed the $1 billion mark in Feb 2020, closing out the year above $13 billion. This is a 2,000% growth in 11 months.

The upward trend of De-Fi in 2020 provides ample food for thought to what may be expected to dominate the blockchain platforms in 2021.

Bitcoin, Ethereum, Stablecoin, and other cryptocurrencies have been dominating the arena towards the end of 2020. Scalability has often been a major issue with blockchain and De-Fi seems to be providing the perfect storm. The cost of moving tokens between currencies, ranging from $5 to %30, has always been the downside in inter-cryptocurrency trading. This is the main reason why cross-chain technology will surge as one of the big players in 2021. Cross-chain technology allows assets from one blockchain to be represented on another.

ADVERTISEMENT

The biggest craze to grip blockchain in 2020 was liquidity mining, also known as yield farming. It is an incentive driven methodology that encourages cryptocurrency asset holders to lock their tokens in decentralized networks. This effectively bootstraps the protocol, providing the necessary liquidity required for it to function.

Liquidity mining became headline news in June 2020 when lending platforms launched compound governance tokens through token-based treasury management. Lenders and borrowers on became eligible for daily distribution of these compound tokens, and as the price of these tokens increased, so did the rewards.

In terms of direct competition, it’s more likely that the lines between centralized finance and decentralized finance will gradually begin to blur. The understanding of finance in the future will be quite different from what it is to today.

One of the interesting areas that offer great potential for De-Fi is for businesses to better manage their monies. While unspent capital is wasted in low-interest FD’s, in the traditional banking sector, De-Fi offers the opportunity for small businesses to better manage their cash flow.
There are a number of obvious ways that De-Fi can improve the business banking experience. It will not only prove to be faster and cheaper than traditional banking but at the same time it will open up new possibilities for improved treasury management. Liquidity mining is one way that businesses could put their unused capital to greater use. Lending is another. These options give businesses, even small operators a much higher return on their capital reserves. It actually turns traditional banking logic on its head somewhat, where unspent capital is often viewed as a negative.

De-Fi is certainly taking control of the economic landscape across the globe.

Tags: Cryptocurrencyde-fi

Related Posts

iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.
Around The World

iOS 17 release: See what’s new in iPhone features

September 21, 2023
How to erase everything that Google and Facebook know about you
Around The World

How to erase everything that Google and Facebook know about you

September 19, 2023
Apple
Around The World

France orders Apple to halt iPhone 12 sales

September 13, 2023
iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.
Around The World

Apple debuts iPhone 15 and iPhone 15 Plus

September 13, 2023
Apple will host its iPhone 15 launch event called “Wanderlust” in California CREDIT: APPLE INC HANDOUT/EPA-EFE/Shutterstock
Around The World

iPhone 15 launch (Live)

September 12, 2023
Google Keyboard
Around The World

Google to introduce AI-driven ‘Proofread’ feature in Gboard Keyboard

September 12, 2023
  • Electricity

    Power cut schedule for today in Sri Lanka: Uninterrupted power supply

    60407 shares
    Share 24185 Tweet 15093
  • Registration open for National Fuel Pass

    6647 shares
    Share 2696 Tweet 1646
  • Foreign Currency Official Exchange Rates from Central Bank of Sri Lanka

    2096 shares
    Share 845 Tweet 521
  • 12 hour water cut in areas of Colombo

    808 shares
    Share 345 Tweet 193
  • WATCH : Yohani’s first live performance in India

    791 shares
    Share 329 Tweet 193
  • About Us
  • Advertisements
  • Privacy Policy
  • Contact

© 2022 All rights reserved.

No Result
View All Result
  • Home
  • Around South Asia
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
  • Around The World
  • Breaking News
  • Business
    • Exchange
  • Climate Change
  • Governance
    • Crime
    • Diplomacy
    • Defense
    • Human Rights
    • Politics
    • Strategic Affairs
  • Lifestyle
    • Books
    • Entertainment
      • Arts
      • Cinema
      • Gaming
      • Music
      • Movie
      • Series
      • TV
    • Health
    • Fashion
    • Food
    • Travel
  • Culture
    • Ethnicity
    • Gender
  • Development news
  • Economy
  • Education
  • Environment
  • Coronavirus
  • History
  • National
  • Offbeat
    • Media
    • Music and arts across South Asia
  • Recommended
    • Headlines
    • Highlights
    • Top Picture
    • Top Story
  • Religion
  • Science
  • Sports
    • Football
    • Cricket
      • LPL
      • IPL
    • Tennis
    • Formula 1
    • NBA
  • Tech
    • Instagram
  • United Nations
  • Weather
  • World
    • Japan
    • Russia
    • United States
  • Videos

© 2022 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

eskisehir escort -

https://www.vudols.com/

- mersin escort - Antalya korsan taksi -
ip booter
-
deneme bonusu
- deneme bonusu veren siteler - Kiralık bahis sitesi