DeFi Coin (DEFC) - Join the future of Algorithmic Crypto Trading Strategies

If you’re a long-term investor who believes decentralized finance will play a major role in how we view and use money – then DeFi Coin is probably the best token for you. DeFi Coin is the native digital token of the DeFi Swap platform. This is an up-and-coming decentralized finance exchange (DEX) that offers a user-friendly and burden-free way to generate an income from your funds.

This can be achieved through yield farming, which gives you the opportunity to earn a super-high yield on your idle tokens. In return you will be providing the DeFi Swap exchange with liquidity. For instance, by providing an equal balance of BNB and DEFC, you will earn a portion of commission fees collected on the pair.

DeFi Swap also allows you to stake your idle digital currencies to earn a fixed rate of interest. You can choose from a 1, 3, 9, or 12-month lock-up term. Put simply, the longer the term – the higher the yield. DeFi Swap also offers decentralized token swaps that allow you to exchange two tokens instantly.

Crucially, DeFi Coin (DEFC) sits at the heart of the DeFi Swap exchange. And as such, as more and more people make the transition over to DeFi Swap, this will likely have a hugely positive impact on its value. By holding DeFi Coin, you will also earn a passive income through the 10% tax that is levied on each token transaction. Your share will be allocated based on the number of DEFC you hold.

The next option to explore from our list of the best DeFi coins in the market is Decentraland. This popular decentralized platform has gone from strength to strength in recent years and now is arguably the go-to Metaverse ecosystem in the crypto space.

In a nutshell, Decentraland allows you to enter a virtual world whereby you can create a personal avatar and communicate with other users. In addition, you can invest tokens into the Metaverse by purchasing your own virtual land.

In doing so, you can then build your own real estate. Then, if you wish to sell your newly owned virtual real estate, you sell it on the open marketplace in exchange for MANA – which is the native DeFi token for the Decentraland platform.

Some virtual plots of land have sold for over a million dollars – which is testimony to just how big the Decentraland Metaverse could one day become. And, the easiest way to gain exposure to this project is by adding MANA tokens to your wallet.

One of the best ways to take advantage of the decentralized finance industry is to buy and hold a stablecoin. The reason for this is that you can deposit the stablecoin into a staking platform like DeFi Swap with the view of earning an attractive rate of interest on your funds.

And in doing so, you can generate some passive income on your DeFi stablecoin investment without needing to worry about volatility risk. Perhaps the best stablecoin in the DeFi space is that of DAI. This stablecoin is backed by an over-collateralization of ETH-based tokens. As such, this offers a superb safety net to ensure that DAI remains pegged to the US dollar at all times.

Ren Protocol is a decentralized project that aims to offer cross-chain transfers between competing networks. This will potentially play a major role in the future of DeFi, not least because people will be able to swap tokens from one blockchain to another.

Those that like the vision of the Ren Protocol can get involved by becoming a darknode validator – which requires a minimum staking deposit of 100,000 REN. This will, however, entitle you to a share of any trading fees that the Ren Protocol collects.

One of the most important tokens to hold – should you wish to invest in leading decentralized finance projects like DeFi Coin, is Wrapped BNB. The reason for this is that the Binance Smart Chain is often the go-to network for up-and-coming tokens.

And therefore, if you want to invest in BSc tokens, you will need to have some Wrapped BNB at your disposal. This token is actually linked to the value of BNB-like-for-like – as per its wrapped framework.

Another important segment of the DeFi industry that will ensure it chips away at traditional financial systems is that of smart contract technology.

After all, in order for transactions to be processed in an autonomous and decentralized way, it requires the use of smart contract agreements.

Avalanche is at the forefront of this, not least because the blockchain network offers lightning-fast transactions at super low fees. This is perhaps reflected by the fact that Avalanche is now the largest DeFi coin for market capitalization – as per CoinMarketCap.

Another stablecoin that makes our list of the best DeFi coins to buy is that of Neutrino USD. This stablecoin is backed by an algorithmic framework that is collateralized by WAVES tokens to ensure that it remains pegged to the US dollar at all times.

The main concept here is that when the value of WAVES increases in the open market, a so-called reserve pot is created to counter the rise.

And, if this reserve pot does not cover a potential decline of WAVES in the future to keep USDN pegged, this is where the algorithm will sell the Neutrino Token. This token is separate from the USDN stablecoin, but an important part of the pegging structure nonetheless.

As the name suggests, cETH allows Ethereum investors to HODL their tokens and still access decentralized finance services. The cETH token is part of the broader Compound ecosystem, which offers a range of investing and lending tools.

As such, this DeFi coin will appeal to those that want to benefit from interest-earning features like staking without selling their Ethereum tokens.

Loopring has built an innovative piece of technology on top of the Ethereum blockchain that provides oven-ready DEX software for exchanges.
Historically, if exchanges facilitate transactions directly on the Ethereum blockchain, this results in slow and expensive transactions.
But, by building a DEX on top of Loopring, these issues are alleviated. As such, exchanges can offer their clients super-fast and cheap settlements without needing to confirm trades on the Ethereum network.

The final project to consider from our list of the best DeFi coins to buy right now is Nexus Mutual. This project offers a mutual insurance co-operative for those engaging with smart contracts.

This means that by buying Nexus Mutual tokens, you are essentially purchasing smart contract cover in the event that you or your business experiences a hacking incident.

The project also allows you to assess claims made by other members and vote on network proposals. As a result, the Nexus Mutual model takes a share-risk framework.