Decentralised Finance
DeFi is offering an alternative to traditional wealth management by offering attractive investment opportunities, high interest rates and lower transaction costs.
A Financial Game Changer
Decentralised finance (DeFi) is a new vision of banking and financial services based on peer-to-peer payments through blockchain technology. The system removes the control and excessive fees that banks and institutions have on money, financial products, and financial services.
DeFi allows investors to “become the bank” by giving them opportunities to lend money peer-to-peer and earn higher yields than those available in traditional financial institutions. Investors can send transact money instantaneously, and they can access their funds securely via digital wallets without keeping it in a bank.
In much the same way as artificial intelligence and machine learning in FinTech are disrupting the wealth management space, DeFi will permanently transform banking and financial services.
So far tens of billions of dollars worth of crypto has flowed through DeFi applications and it's growing every day.
At Hexus, we help you to easily and securely access the advantages that DeFi offers over traditional finance.
Crypto Yield Farming
DeFi takes utilises smart contracts that have enabled people to lend their digital assets against other digital collaterals.
With no intermediaries that want money, it is adjusted in the interest rates, which means higher profits for the lenders and lower rates for the borrowers.
Yield farming is a DeFi process of investors lending money to a DeFi platform or project. Then, using a smart contract, the lending processing is made official through protocols, which gives the investor the right to collect interest.
Yield Farming currently is one of the most popular methods of profiting from crypto assets. It is a means of earning interest on your cryptocurrency, similar to how you'd earn interest on any money in your savings account.
Crypto Liquidity Mining
Liquidity Mining is another DeFi a mechanism in which participants supply cryptocurrencies into liquidity pools, and get rewarded with fees and tokens. Liquidity mining is a subset of Yield Farming. The primary difference is that liquidity providers are compensated with the platform’s own coin in addition to fee revenue.
A liquidity pool can be thought of as a pot of cryptocurrency assets where the funds can then be used for exchanges, loans and other applications.
At Hexus we guide you to select the best Yield Farming & Liquidity Mining solutions taking your needs into consideration.
Our selection is based on a profound analysis that incorporates factors such as:
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The credibility of the project
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Historical data and performance
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Security technology utilised
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Trading volumes
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Availability of reserves
as well as other considerations to ensure that your decision is based on solid parameters.
Crypto Staking
Staking cryptocurrencies is a DeFi crypto process that involves committing your crypto assets to support a blockchain network and confirm transactions.
Staking is the way many cryptocurrencies verify their transactions, and it allows participants to earn rewards on their holdings. This process is similar to crypto mining. It helps the network reach consensus and rewards users who take part in it.
Staking can be a great way to generate passive income, as several cryptocurrencies offer high-interest rates for staking.
Staking platforms should be chosen based largely on their trustworthiness and reputation. There are many other crucial factors to consider other than the annualized rewards or APYs
At Hexus we support you through the whole Crypto Staking process starting with selecting where to do your staking, and understanding the specific staking terms and conditions among other factors.
DAO
Decentralized Autonomous Organization
Crypto technology is changing the world by decentralisation and democratisation. A Decentralized Autonomous Organisation (DAO) forms the next evolution of DeFI, whereby the organisations that offer these DeFi solutions are getting decentralised themselves.
DAOs are groups that form for a common purpose, like investing in start-ups, managing a stablecoin or buying a bunch of NFTs, acting as a form of venture capital fund, without a typical management structure or board of directors.
A DAO is run by its members, through the use of crypto tokens that come with certain rights attached. DAOs allow for the entity to be run by a group of supporters in the truest sense, and make a compelling case for those looking to build in today's consumer-focused environment.
DAOs are becoming the future Venture Capital Funds. We at Hexus help organisations and individuals to start or join and benefit, from DAOs that align with their interests.
For more information on our DeFi services, talk to us for a free consultation