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What is DEFI Token Development?

Author: Kishore Senthil
by Kishore Senthil
Posted: Sep 16, 2022

What are DeFi tokens and where to get them? After the 'boom' of cryptocurrencies and the revolution they have caused in the digital economy, Dapps Development DeFi tokens follow closely as a key player, which although it is not new in the world of crypto assets, it is expected to have a relevant role in the coming years.

These assets symbolize different projects that work within the Blockchain and allow from credit loans to the synthesis of assets, and even have an investment strategy of reference assets or those that have the same price as the dollar", explained Anthony Chávez, Marketing Manager of Mexo, cryptocurrency exchange platform.

How to get DeFi tokens in Mexico?

In Mexico, it is possible to acquire DeFi tokens on exchange platforms such as Mexo, which has one of the widest offers in Latin America by offering 21 DeFi tokens, among which are those with the largest market capitalization such as: Polkadot, Yearn Finance, Uniswap, Suchi Swap, Aave, Maker and Compound, Solana, Reef, Luna among others. To obtain these tokens, users must: Get cryptocurrencies LTC, BTC or ETH through Latamex Exchange currencies for USDT (asset that has the same price as the dollar). Exchange USDT currencies for any DeFi token, through the Mexo platform. Why are DeFi tokens suitable? According to the Mexico platform, these are some benefits of DeFi tokens: Some tokens, for example, such as Aave and Venus, allow users to obtain benefits by lending a credit on their respective platforms, which gives you 8% monthly return (variable percentage).

For the crypto active specialist, DeFi tokens are "a movement that is giving the market a lot of momentum because it is leaving the value of a cryptocurrency and is taking it to financial products, platforms and services, in such a way that its use could be extended. over time and reach more people; that is, they could become the future of finance"

Exchange USDT currencies for any DeFi token, through the Mexo platform. Why are DeFi tokens suitable? According to the Mexico platform, these are some benefits of DeFi tokens: Some tokens, for example, such as Aave and Venus, allow users to obtain benefits by lending a credit on their respective platforms, which gives you 8% monthly return (variable percentage).

About the Author

At BlockchainX tech, we help startups, medium-sized enterprises, and large-sized businesses by providing end-to-end blockchain development services such as token creation, token sale distribution, landing page design, whitepaper writing.

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Author: Kishore Senthil

Kishore Senthil

Member since: Apr 27, 2022
Published articles: 56

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