Decentralized Finance Projects Are Starting to Ship

Defi, defi, defi. You can’t go anywhere in crypto these days without having that contraction thrown at you. 2017 was all about the ICO, 2018 was about surviving the bear market, and early 2019 was a toss-up between IEO and STO. Now, as we prepare to enter Q4 of 2019, it’s all about decentralized finance. Peer past the hype and you’ll find some genuinely useful products are being built that promise to accelerate greater financial inclusion in the form of a crypto-powered alternative to the traditional monetary system.

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Defi Defined

Decentralized finance, according to Defiprime.com, “is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.” The site filters defi products and services into 16 categories that include DEXs, derivatives, identity, insurance, lending, stablecoins, and…