likecoin.biz Open in urlscan Pro
104.21.81.222  Public Scan

URL: https://likecoin.biz/mining/defi
Submission: On January 05 via api from US — Scanned from DE

Form analysis 0 forms found in the DOM

Text Content

We're sorry but DeFi Hub Finance doesn't work properly without JavaScript
enabled. Please enable it to continue.
Home
DeFi Mining
Referral
Account
English

Español

Português

Deutsch

Français

Italiano

Pусский

Tiếng Việt

Türkçe

Indonesia

Filipino

日本語

한국어

हिंदी

Українська

ไทย

繁體中文


Connect Wallet

Join in DeFi Mining from one place
DeFi Hub is the easiest way to build and manage your entire DeFi mining from one
place.
Discover the world of decentralized finance today.
DeFi Mining

Privacy and security first
With DeFi Hub, you're in control, always. We don't have user accounts and
instead work directly with Web3 wallets like MetaMask, Coinbase.This means we
don't own your private keys and cannot ever access your funds. We don't
cross-associate wallet data and we'll never share your information with third
parties.





Global, free and open to anyone
Thousands
of DeFi protocols supported
$1 Billion+
Volume traded as of February 2023
200,000+
Monthly active users as of February 2023



HAVE ANY QUESTIONS ?

What is DeFi?
DeFi (or “decentralized finance”) is an umbrella term for financial services on
public blockchains, primarily Ethereum. With DeFi, you can do most of the things
that banks support — earn interest, borrow, lend, buy insurance, trade
derivatives, trade assets, and more — but it’s faster and doesn’t require
paperwork or a third party. As with crypto generally, DeFi is global,
peer-to-peer (meaning directly between two people, not routed through a
centralized system), pseudonymous, and open to all.
What are the benefits?

Open: You don’t need to apply for anything or “open” an account. You just get
access by creating a wallet.

Pseudonymous: You don’t need to provide your name, email address, or any
personal information.

Flexible: You can move your assets anywhere at any time, without asking for
permission, waiting for long transfers to finish, and paying expensive fees.

Transparent: Everyone involved can see the full set of transactions (private
corporations rarely grant that kind of transparency)

How does DeFi Work?

Users typically engage with DeFi via software called dapps (“decentralized
apps”), most of which currently run on the Ethereum blockchain. Unlike a
conventional bank, there is no application to fill out or account to open.

Here are some of the ways people are engaging with DeFi today:

Lending: Lend out your crypto and earn interest and rewards every minute - not
once per month.

Getting a loan: Obtain a loan instantly without filling in paperwork, including
extremely short-term “flash loans” that traditional financial institutions don’t
offer.

Trading: Make peer-to-peer trades of certain crypto assets — as if you could buy
and sell stocks without any kind of brokerage.

Saving for the future: Put some of your crypto into savings account alternatives
and earn better interest rates than you’d typically get from a bank.

Buying derivatives: Make long or short bets on certain assets. Think of these as
the crypto version of stock options or futures contracts.

What is staking?
Like a lot of things in crypto, staking can be a complicated idea or a simple
one depending on how many levels of understanding you want to unlock. For a lot
of crypto users, knowing that staking is a way of earning rewards while holding
onto certain cryptocurrencies is the key takeaway. But even if you’re just
looking to earn some staking rewards, it’s useful to understand at least a
little bit about how and why it works the way it does.
How does staking work?

If a cryptocurrency you own allows staking — current options include Ethereum,
BNB Smart Chain(BSC), Polygon(Matic), TRON(TRX) and others — you can “stake”
some of your holdings and earn a reward over time.

The reason your crypto earns rewards while staked is because the blockchain puts
it to work. Cryptocurrencies that allow staking use a “consensus mechanism”
called Proof of Stake, which is the way they ensure that all transactions are
verified and secured without a bank or payment processor in the middle. Your
crypto, if you choose to stake it, becomes part of that process.

What are the advantages of staking?

Many long-term crypto holders look at staking as a way of making their assets
work for them by generating rewards, rather than collecting dust in their crypto
wallets.

Staking is also a way to contribute to the security and efficiency of the
blockchain projects you support. By staking some of your funds, you make the
blockchain more resistant to attacks and strengthen its ability to process
transactions.


Trusted by


Copyright © 2023 DeFi Hub Finance




WalletConnect
Scan with WalletConnect to connect
Coinbase
Connect to your Coinbase Wallet