Top 3 DeFi Projects that Focus on Newcomers
Source: Pixabay

Decentralized Finance is on a roll ever since 2018. And now, in 2021, the demand for DeFi projects is huge. 

But here’s something most DeFi companies don’t take into consideration – there are a lot of people who don’t know anything about cryptocurrency. And that stands in the way of blockchain’s mass adoption. 

In this article, we will talk about three DeFi projects that understand how important it is to help newcomers in order to achieve the decentralized dream.

DeFi Coins

DeFi Coins is originally a DeFi News platform, which recently launched its own coin, entirely centered on its community – with expected liquidity of $200,000,000. 

The coin is part of a DeFi protocol that promotes three functions:

  • Static Rewards;
  • Automatic Liquidity Pools;
  • Manual Burning Strategy. 

You would say that if the platform chooses to launch its own DeFi project, it will abandon its origins and promote just its coin – which is more than false. 

Despite its reorientation, DeFi Coins continuously upgrades the crypto news page. Even more, its team periodically writes reviews over other cryptocurrencies and trading platforms so that newcomers will choose knowingly. 

DeFi coins prioritize the cryptocurrency’s final goal beyond the profit interest. 

Student Coin

Student Coin is a DeFi ecosystem that allows users to issue crowdfunding proposals in exchange for their STC-based token. 

Since the project was primarily built by students, it’s understandable why they insisted so much on the launch of a learning page. 

The learning page contains a bunch of cryptocurrency courses, divided by the level of complexity:

  • Level 1: Technology;
  • Level 2: Cryptocurrencies;
  • Level 3: Security;
  • Level 4: Investing;
  • Level 5: Cryptoassets Library. 

MakerDAO

MakerDAO is a DeFi ecosystem whose token is fully stable, meaning almost no volatility in the value of your assets. 

It is known for the fact that over 400 apps and services are linked to it, including wallets, games, and more. 

This growing community comes from the initiative to explain the technology to newcomers. MakerDAO daily updates AMD’s collection of resources, which features beginner guides, documentations, podcasts, and so on. 

With these three DeFi options, blockchain doesn’t look that intimidating anymore, right?

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however, no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the cryptocurrency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal, or accounting advice.

This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal, and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was compensated to submit this article. Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.

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