DeFi platforms are aimed at recreating traditional financial systems, such as banks and exchanges, with the use of cryptocurrencies. The difference between the traditional financial systems and DeFi is that DeFi platforms operate without a central service exercising control over the entire system. Decentralized finance (aka DeFi) refers to digital, peer-to-peer financial services technologies that permit cryptocurrency trading, loans, interest accounts, and other services of such kinds. DeFi platforms are mostly reliant on public blockchains like Ethereum and cryptocurrencies.
With DeFi lending features, users can lend out cryptocurrency, like a traditional bank does with fiat currencies, and earn reasonable interest as a lender. The act of borrowing and lending are among the most common use cases for DeFi applications, but there are many more increasingly complex options too, such as becoming a liquidity provider to a decentralized exchange.
One needs to understand that investing in DeFi is highly risky. But, it’s important to understand the reason the reward is high is because the risk is higher. The reason we see high yield is there is risk here.
However, choosing the right platforms helps eradicate the risk with DeFi. CryptoCravers is the way to go. Built on the mission to eradicate risk thereby providing security to investors and at the same time, providing educative and entertainment contents to the cryptocurrency communities.
We are proud to present the CryptoCravers, a DeFi platform that will revolutionize the safeguarding of investors while also providing security, entertainment and education to a large community of Cryptocurrency enthusiasts and professionals.
CryptoCravers is an LLC registered in the State of Delaware, United States. Our legality status was ensured to add another layer of confidence and trust through our community and investors.
We are a token generating based company, that means we create multiple tokens and see through to each tokens success in the marketplace. After some time we will move on towards a new token that will have the community decide on what the next token's attributes should be.
For more information:
White Paper: https://drive.google.com/file/d/1ADJvYEqD5-DAATSRThMU6822xO6usCav/view