DeFi: THE NEW FINANCES

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The financial world is a disaster. We already know. Cheating and robbery proliferate like mushrooms in the fall. Briefcases full of your money enrich an elite.

Should it be like this? Many times they have wanted to convince us of the impossibility of a new world; they tell us that there is no light at the end of the tunnel, but the reality is that there is hope.

And it comes from the hand of technology.

Power and money are launching an offensive for control. The discrediting of the institutions wants to be protected by a blow of authoritarianism. The looting banks see their time approaching the end. How do they intend to survive? Doing something new? ?

That is not his style.

Their plan is to force you to use their products, to leave you trapped and without escape, by seeking to ally with the government to end the cash.

However, there are people who like disobedience. Networks are a space that offers us - with due precautions - some privacy.

VPN and DeFi arrive to save us.

Faced with financial totalitarianism, Defi advocates decentralization, a monetary system of voluntary participation, where savers and merchants can obtain benefits.

Without impositions.

In recent months, we have seen the Defi market climb to $ 1 billion. We also observed how ingenuity combined computing with financial products. Synthetic assets, derivatives and loans took shape on blockchain.

Projects like Uniswap allow exchanges at minimal cost, with a commission of 0.3%; Compound offers savers an interest in immobilizing their cryptocurrencies, and thus hundreds of creative solutions.

DeFi begins to shine in the heart of Ethereum. It will undoubtedly drive the price of the token in the future. DeFi's great awakening will shake the foundations of the financial system in the coming years.