About Decentralized Wealth Management
Decentralized finance (DeFi), open-source, and non-custodial, these dapps are trying to "unbank the bank".
To interpret, instead of authorizing middlemen to manage your wealth, you can use these platforms to commit protocols: deposit, peer-to-peer lend and borrow loans, enter different staking pools. MakerDAO, comprised of a decentralized stablecoin, collateral loans, and community governance; Aave Protocol, a decentralized, open-source, and non-custodial money market protocol on Ethereum; Compound, a money market protocol on Ethereum; Fulcrum, a DeFi margin trading and lending dapp on Ethereum; Zethyr Finance, a decentralized financial platform to lend and borrow TRX; TomoPool, the first decentralized staking pool on TomoChain; DeFiZap, an Ethereum dapp that deploys capital across multiple DeFi protocols in one transaction. These DeFi dapps will save time and unnecessary fees to help you earn more profit. As users, you might witness the generational change of finance.
DeFi, “The idea that just anyone, anywhere in the world, can have access to a system that lets them pay each other, and choose their own financial exposure, is a really powerful thing, " said Vitalik.