Day: March 18, 2021

A so-called term “Defi” took everyone in the blockchain business away last year, not only making decentralized exchanges overtaking the trading throne from the old cryptoexchanges, and had a great impact on Ethereum, but also made ordinary people aware of that there’s other things than Bitcoin in the blockchain industry. DeFi means “Decentralized Finance”, it appeared first at the end of 2017, Fusion proposed the concept of “Crypto Finance” in its official whitepaper, and began to focus on building digital financial technical facilities. Over the years, more and more crypto-projects have focused on this field and gradually evolved the concept of “Defi”. The so-called “Defi”, in short, is to make full use of blockchain technology (including smart contracts, decentralized asset custody, ...

Today, Defi locked in over $40 billion of assets, a nibble of share, compared to the market cap of crypto assets $1.2 or so trillion. In traditional finance, the traditional derivatives market is worth hundreds of trillions of dollars, and the crypto market as a whole is less than 0.1% of its asset size, even the combined wealth of the people at the top of the pyramid is five or more times larger than total assets of the entire crypto market. Yet this is an opportunity for DeFi to grow. According to statistics, the total number of DeFi users has outpaced 1 million. Among them, the figure for Uniswap users soared to 586,000, taking the crown on the list with 58.6%, followed by Compound with 254,000, Kyber 110,000, 1inch 43,000 and OpenSea 33,000, respectively. (Total DeFi user...

APC is an open source software designed and released by the world’s public welfare organizations and the P2P network built on it. It is a blockchain for promoting public welfare. It is built by Apollo ecological APC Public Welfare Alliance and launched by many countries around the world at the same time. It aims to build a more open, transparent, reasonable and trusted public welfare platform around the world. APC uses the characteristics of blockchain technology, such as traceability, non tampering, data encryption and security, to realize the whole process of information and behavior certification in the process of public welfare, and stage traceability and audit in the whole cycle of public welfare. To realize the whole process management, tracking supervision and effective supervis...