DeFi wallets are something that are being talked about very actively after the collapse of the FTX crypto exchange. In this article, we will be taking a look at some of the most popular DeFi wallets that you need to know about in 2023.
Comparing centralized to decentralized finance, the DeFi protocols do not only mimic the basic CeFi services; they also optimize them for the unique qualities that blockchains have to offer. Read to know more.
A quote from the proposal by Compound said, “Setting borrow caps helps avoid high-risk attack vectors while sacrificing little capital efficiency and allowing for a threshold of organic borrow demand.”