Antier Solutions

  You steal the limelight and you steal the market share .  Against the industry predictions earlier last year, DeFi grew like gangbusters and reignited the lost glory of crypto finance. Today, the market has propelled by  20x  which in itself is a rare milestone. Trade experts who had written off the possibility of a parallel currency are now foreseeing 2021 as another landmark year. Here’s a quick run-through of the top trends that’ll further elevate the acceptance of DeFi in the consumer markets - Trends #1 The rise of Proof-of-Staking (PoS) as a consensus mechanism Proof-of - Work (PoW) is basically a consensus algorithm used in a blockchain network for transaction confirmation and the introduction of new blocks. In a PoW consensus blockchain, the network is supported by miners who compete against each other to confirm the transactions. Once the transactions are completed, the miners receive an incentive. Ethereum, the second-biggest cryptocurrency in terms of th...

Crypto finance has matured. It is no more ‘that alternative source’ of making more money. Rather, the mainstream consumption has positioned it alongside the traditional fiat markets. In all honesty, Decentralized Finance (DeFi) protocols have had a significant role in moving the trends from ‘somewhat decentralized’ to ‘total decentralized’ transition of the Blockchain finance products. Understanding Yield Farming — Staking cryptos to make more cryptos To put it simply, it is a practice of investors staking (farming) their crypto assets in a farm (pool) and earning interests (yield) in return. Unlike traditional staking, Yield Farming generates returns faster and can be implemented with less number of investors. Therefore, many upcoming DeFi protocols are written around Yield Framing to attract greater participation. Ideally, a DeFi yielding platform uses open-source and permission-free decentralized apps that provides complete control to the users. This means, no third-party entities o...

  Decentralized Finance or DeFi has been the biggest story in the blockchain space in the year 2020. This segment of blockchain has exhibited phenomenal growth as the total value locked in DeFi protocols swelled from $690.9 million on 1 January 2020 to $13.43 billion on 26 December 2020. What is DeFi? Revolutionary FinTech leaders favor DeFi very strong l y. They believe it is the disruption that could prevent the happening of another financial crisis like the year 2008. That is because decentralized finance (DeFi) is built on top of a decentralized ledger and ensures transparency in all financial transactions. Moreover, the transaction approvals in the DeFi ecosystem come from the network participants and these participants are incentivized for facilitating the transaction approvals. Along with financial transparency, DeFi provides financial accessibility and inclusiveness to those who do not have access to the current financial system. The DeFi ecosystem started as a system to de...

DeFi Crypto Lending Platform Development: How is it Redefining Lending? | Antier Solutions Decentralized Finance or DeFi is the latest innovation in the crypto world. By building on the advantages of blockchain technology, DeFi has transformed the borrowing and lending process.  DeFi crypto lending platform development   eliminates the middlemen and simplifies fund transfer between stakeholders. Problems Associated with the Current Financial Sector Before we dive into the benefits of DeFi lending and borro w ing, it is better to examine the current state of affairs in the financing sector. In a conventional setting, any individual seeking a loan has to overcome a lot of hurdles even before they begin. For example, they might not have a good credit score that qualifies them to access basic financial services. Even those who have the desired credit score are burdened with further documentation and interaction with third-party, which increases the cost, time, and efforts. It shou...