One of the applications for DeFi (Decentralized Finance) is providing new financial instruments that are a mirror of their traditional finance counterpart. For example, you can keep your funds stored on the blockchain and available for access through a digital wallet. That works much like a bank. The blockchain records your balance, and it is accessible through a smart contract user interface that allows users to spend their cryptocurrency asset. It performs functions similar to a bank, but it is not a tangible facility in the sense that you don\u2019t need to be physically present in an office or interact with a person to withdraw your money or ask for a loan. Instead, it is all handled by smart contracts. When comparing rates and returns, it is a world of difference.When you put your money into a bank, it is called a deposit. When you put your money into DeFi, you also deposit funds in order to access financial instruments provided by certain platforms like Compound, Uniswap, 1inch, Binance, etc. Those are just some examples. They are like banks in the sense that they take your money and allow you to invest in certain instruments. A bank allows you to perform currency exchanges, build portfolios for investments and take out loans. Money deposited into banks can be loaned out to other customers, and this is also true in the DeFi space when you deposit your cryptocurrency.In DeFi, when you can deposit your money in cryptocurrency (i.e., digital assets) to create a savings account or provide it for liquidity, lending, and swaps (e.g., exchanges). You are putting your digital assets to work in order to yield returns and this is a process called yield farming. There are so-called farming protocols that allow users to find the best yields and returns on\u2026<\/p>","protected":false},"excerpt":{"rendered":"
DeFi\uff08\u5206\u6563\u5f0f\u91d1\u878d\uff09\u7684\u5e94\u7528\u7a0b\u5e8f\u4e4b\u4e00\u662f\u63d0\u4f9b\u65b0\u7684\u91d1\u878d\u5de5\u5177\uff0c\u8fd9\u4e9b\u5de5\u5177\u4e0e\u4f20\u7edf\u7684\u91d1\u878d\u5de5\u5177\u76f8\u5bf9\u5e94\u3002\u4f8b\u5982\uff0c\u60a8\u53ef\u4ee5 [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/3884"}],"collection":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/comments?post=3884"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/3884\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/media?parent=3884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/categories?post=3884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/tags?post=3884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}