The DEFI explosion brings unlimited imagination to the future lending market
Recently, driven by industry giants, Bitcoin once again broke through a new high and fluctuated in the high range. It seems that in the past one or two months, cryptocurrency has welcomed the love and blessing of global big names and has become a hot darling in the investment world. This also proves that in times of economic uncertainty, people tend to be interested with cryptocurrency.
Between the transfer of international powers and disruptive innovation, the future has become more unpredictable than ever. This volatility has caused people to have a strong interest in the alternative of traditional financial tools, which is a huge opportunity for cryptocurrency and DeFi.
DeFi refers to decentralized finance. It is a brand-new, high-growth financial system based on the blockchain technology to provide decentralized financial products and services.
Although DeFi covers financial services such as payments, transfers, mortgages, lending, insurance, stablecoins, decentralized exchanges, and decentralized wallets, lending is still the most promising and popular area. In the DeFi ecosystem, anyone can borrow money quickly and easily, without revealing their identity to a third party, and without having to go through the standardized inspections required by traditional banks, so that “inclusive” finance can be achieved.
Lending is the asset layer of the entire DeFi world, and all assets will eventually flow into a “bank” such as lending projects for custody. Why is lending so popular and the application market so extensive? This is because in the DeFi lending platform, the funds held by users are not just idle assets, but invested in the platform, and the money is used to generate money in the form of collecting interest payments.
NGK-the strongest “dark horse” in DEFI lending
NGK aims to use blockchain technology in creating a decentralized financial aggregator in the IPFS field. NGK will use DeFi pledge and liquidity mining to generate platform equity and the BGV governance token. Through the investment in phases and batches, NGK will generate aggregate benefits, thereby enhancing the value of NGK’s project.
With the interest rates of banks, the Federal Reserve, etc., all falling continuously, even the “stablecoin” USDN in the blockchain industry has been favored by investors. However, users who have real investment vision should not only convert fiat currency into USDN, but also purchase NGK to earn high returns.
Lending, as the value and bank of the DeFi ecology, can carry most of the ecological transactions and detonate the future value Internet. In a DeFi ecology that is bound to flourish, the NGK can provide more returns than most products, attracting more high-quality users and ecological developers to join, and then build NGK into a new generation of “giant” platform.
