The project is re-imagining decentralized finance by developing a complete and efficient financial ecosystem. WISE is an ERC-20 token based on the Ethereum blockchain that is decentralized, transparent, trustless, and interest-bearing that features automatic liquidity. After having spent countless hours researching one project in particular, I have a strong feeling that WISE token could be set for a massive run in 2021! What is WISE Token? Chainlink and Kyber Network are just a few examples highlighting the excitement that crypto traders currently have for the DeFi space.īut given that many of these tokens have already had a big run, traders might be wondering if there are still opportunities to get in at a reasonable value. Kyber Network’s on-chain liquidity protocol allows decentralized tokens swaps to be integrated into any application, enabling value exchange to be performed seamlessly between all parties in the ecosystem. Another impressive project in the space is Kyber Network (KNC) which has seen its token soar from $0.20 at the start of the year to more than $1.60 at present. Chainlink has seen its token price increase by more than 300% year-to-date. One extremely popular DeFi project is Chainlink (LINK) which is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. The reason why so many crypto entrepreneurs are flocking to this space is that it allows them to create traditional financial vehicles in a decentralized network, outside the meddlesome control of foreign governments. This area generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum.
While the market as a whole hasn’t been very bull friendly, one specific area that appears to be gaining traction is decentralized finance, more commonly known as DeFi. While 2017 was the perfect time to get involved, the past few years have proven to be a bit more challenging as far as generating ROI.Ĭryptocurrency traders have spent the past several years searching far and wide for the next big winner. Although crypto is significantly different from traditional capital markets, I managed to successfully find a niche for successful and opportunistic trading.
After working in proprietary trading for over a decade, I decided to transition to crypto in early 2017.
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