Is Defi worth investing in?

An area in cryptocurrency is attracting huge attention is DeFi. DeFi stands for Decentralized Finance, it refers to financial services using smart contracts which are automated enforceable agreements that don’t need intermediaries. DeFi draws inspiration from decentralization of blockchain. DeFi is distinct because it expands the use of blockchain from simple value transfer to more complex financial use cases.

DeFi is removing intermediaries from the financial equation. It able any individual to control his funds and become its own bank. For Example; If you want to transfer money you need to visit bank, take ticket get in line and talk to your manager give information and then your transaction is processed while keeping you record. If you want to invest in banks you will get a little percentage of the profit the bank will made by your money. The average interest percentage is globally is 3.46% and (2% in US). Another example if you want sign a simple contact you need lawyer and have to pass through some process. Why not to use blockchain technology and DeFi for these purposes you get control over your funds, you can do investment and get high return and can create smart contracts in less time and by more efficient way.

The above discussion give us an insight about way DeFi is an hot ticket right now in crypto space.

Is DeFi worth investing in ?

From September 2017 the TVL (Total Value Locked) in DeFi contracts was US$2.1 million to 2018. In that Spring 2018, assets committed to DeFi broke $1 billion in February 2020, $2 billion on July 1 and $3 billion just 20 days later. Now on the day of writing the total value locked in smart contracts is about 10 Billion and the highest TVL archived is about 14 Billion. Number never lie and the number tells the popularity of DeFi time by time.

Former Messari Head of Product and well known crypto trader Qiao Wang believes the nascent DeFi sector has enormous growth potential. Wang compared this year’s DeFi boom to pre-2013 Bitcoin and pre-2015 Ethereum which, he stated, were “once-in-a-lifetime asymmetric bets.”

Qiao Wang Tweet:

From an investment point of view, BTC pre-2013 and ETH pre-2015 were once-in-a-lifetime asymmetric bets. DeFi pre-2021 is once-in-a-decade IMO (until proven wrong). If you’ve missed the first two don’t miss the latter.

Comparing DeFi to the multi-trillion dollar world of banking and traditional finance shows that it has a lot of room for growth. For example, Synthetix Network Token has increased more than 20-fold, and Aave almost 200-fold. So if you had bought $1,000 of Aave tokens in August 2019, they would now worth nearly $200,000.

DeFi really can be life changing possibility like Bitcoin etc So why not to invest in DeFi. But the problem is the fake and lame projects from which many investors lost their money. Yes! DeFi is an stunning opportunity but still has a risk. You need to research and choose the project that really legit and has little chance of failing.

I am going to introduce a DeFi project that is going successful and has minimum chance of failing and it is giving more profit then average DeFi projects.

AnySwap

AnySwap, as you can predict from name it is DEX. It is a fully decentralized cross chain swap protocol with automated pricing and liquidity system. Anyswap based on the Fusion and Binance Smart Chain blockchains. Here is link to anyswap.exchange. Any Swap is operating since July, 2020 when it launched. It has its own token named ANY. Anyswap enables swaps between any coins on any blockchain which uses ECDSA or EdDSA as signature algorithm, including BTC, ETH, USDT, XRP, LTC, FSN, etc.

Benefits of AnySwap

• The daily volume of Anyswap DEX is more the 10 Million. So you will not get any problem is swaping token and adding to liquidity pool.
• Anyswap has low fees compared to other DEXs the fees is only 0.4% but it is not all. Every trader get ANY token based on his volume.
• Peoples thought that DeFi just on Ether and Stable coins, but its not all DeFi can be based on any chain. That’s why AnySwap has a variety of coins and it is not limited to Etherium like Uniswap.
• Anyswap team has no control over Anyswap it is totally decentralized. Anyswap holders elect nodes by voting and take other decisions.

Why Anyswap Give More Benefits Over Other DEXes

The main reason behind the different of profit between Anyswap and other DEX is because of Anyswap utility token ANY. Let me explain why ? ANY token supply is given below

The total supply of ANY token is 100 Million. From which 5 Million was initially added to ANY/FSN pool and the other 10 Million was kept for community growth. From remaining 85 Million, 10 Million is kept for Cross Chain DCRM reward mean for the node owners. 15 Million for Liquidity reward mean when you add funds to liquidity pool you don’t just receive 0.3% fees but also ANY token. Like it 25 Million is kept for Swap and Trading mean when anyone will trade at Anywap he will get ANY token based on his volume that will cover his trading fees. The Anyswap is not just providing rewards but provide extra ordinary security due to its unique structural techniques.

Conclusion

DeFi is now good opportunity to invest in 2020. Some great names consider DeFi as opportunity like Bitcoin. Anyswap is an amazing opportunity for investors to invest in DeFi. Any swap is a fully decentralized cross chain swap protocol with automated pricing and liquidity system. Anyswap based on the Fusion and Binance Smart Chain blockchains. Here is link to anyswap.exchange. Anyswap provide much more advantages then other DeFi projects. It gives more profit on trading and liquidity. It is very reliable and secure. Simply; Anyswap provide a great opportunity for investing in DeFi and get much returns.