Where Does Covalent fit in the DeFi Stack?

Why are DeFi projects so popular? Several reasons to consider

  1. Independence. A key feature of decentralized finance is its independence from governments and regulators. Powered by decentralized apps (dApps), DeFi makes its way into a wide range of simple and complex financial transactions.
  2. The interest of institutional investors. Today we see large banks, investment funds, and global businesses entering the market.
  3. Development potential. From taking out the middleman to turning basketball clips into digital coins with monetary value, DeFi prospects could be far-reaching.
  4. Pandemic. Covid-19 contributed to the popularity of the DeFi market, as people started seeing decentralized finance as a harbor for keeping their funds and increasing them.

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vnas is the Proof of Work validator and network contributor. Our mission is to assist community members in staking and make it simple to everyone.

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vnas

vnas

vnas is the Proof of Work validator and network contributor. Our mission is to assist community members in staking and make it simple to everyone.

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