DeFi Made Easy: Core Principles
The DeFi revolution is knocking on our doors and yet many people still have a lot to learn about it. That’s okay- it’s still early! But the clock is ticking! So let’s do a quick breakdown of what DeFi is and the core principles that underpin it.
A good way to start thinking about decentralized finance is that it is peer 2 peer finance that is enabled by the blockchain. It will be the mechanism that will bring web3 banking with cryptocurrencies to the masses. It’s a rethinking of our current legacy financial system. Defi is a system where there are no middlemen, gatekeepers, or controlling governments but rather code that acts as law. It is totally permissionless (no one can stop or seize your transactions), programmable (fully automated by smart contracts), transparent (traceable and trackable to a public ledger), immutable (unchangeable), and non-custodial (you never give up custody of your assets).
Velvet.Capital is committed to bringing DeFi to the masses. Our multi-chain DeFi protocol helps anyone create crypto portfolios, indexes & other financial instruments with additional yield- in just a few clicks. You can make your own or have one generated for you. The possibilities are endless. If it can be tokenized you can manage it with our platform. We utilize portfolio theory and yield farming to improve risk-reward profile & amplify your returns.
Join the DeFi Revolution Today!Our Velvet Family is growing everyday and we would love for you to join us on this journey. We never forget the OG’s- help build the DeFi future with us! Early adopters will get the chance to become a member of the exclusive Velvet Founders Club.
If you sign-up now & follow all our socials you will be given a chance at exclusive access to an allotment of our governance token. If you love what we are doing share with a friend and let us know (you’ll get bonus points with us 😊).
Check out our flagship site to get more info. Read our Medium for more in-depth articles.
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