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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