Most Promising DeFi Projects On Blockchain Currently

First of all, this is Compound, the brightest example of DeFi to date. This very project tended Maker’s three-year domination over the DeFi sector.

Compound is a non-custodial service. It allows investors, crypto funds, and any other organization to borrow tokens from CMP by lending the cryptocurrency as collateral.

MakerDAO offers a rate of 0.9% to holders. This varies from platform to platform — for example, DAI on dYdX pays just over 9 percent a year.

Balancer, Synthetix, and Aave offer non-custodial variable rate services. This creates more attractive, “risk-free” strategies for making profits.

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