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10 Most Important Companies to Know in DeFi

There are a number of companies making exciting or meaningful moves here, but we have picked ten of the most noteworthy so that we might examine them more closely. Let’s get familiar with these ten impactful companies.


Airswap


It is a decentralized trading platform. Counting Joseph Lubin and Mike Novogratz among its advisory team, Airswap provides the solution for traders to execute transactions via smart contracts without the exchange retaining custody of those funds.


Decentralized exchanges are seeing increasingly high demand in light of a number of successful hacks against larger centralized exchanges. A decentralized approach like AirSwap is less vulnerable to hacks and theft, ultimately improving the space’s reputation and people’s trust in it, facilitating adoption worldwide.


Equilibrium


It is a DeFi development framework that comes with its own stablecoins. Equilibrium is a multichain framework for crypto-backed stablecoins and DeFi products.


Its first stablecoin product is EOSDT, pegged to USD and backed by EOS collateral. It’s arguably the most solid EOS stablecoin project on the market.


In December 2019, Equilibrium announced the launch of a $17.5 million Stability Fund to as an insurance policy for EOSDT token holders, paying out automatically if the collateral backing the dollar-pegged token crashes through its collateralized floor.


The team actively supports DeFi philosophy and education: in November 2019, they held their first Crypto DeFi event in Singapore in conjunction with BlockShow.


Augur


Augur is a decentralized prediction platform.


While the primary application for decentralized prediction is betting, the technology behind Augur can also be used in finance, scientific research, governance, and more. Its technology can harness wisdom from the crowds in situations that usually rely on predictions by a small group of experts.


MakerDAO


This project is about generating stablecoins.


MakerDAO is the de facto name in the DeFi space, best known for creating the protocol behind the DAI stablecoin. Positioning itself as a decentralized, unbiased currency, MakerDao offers the advantages of digital money without any associated volatility thanks to advanced mechanisms that maintain price stability.


The team recently introduced some exciting upgrades and new features. MakerDao is actively participating in building the ecosystem, partnering up with multiple players across the DeFi space. Read More...

10 Most Important Companies to Know in DeFi
10 Most Important Companies

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