The best DeFi projects of 2022 – part 2

The list of best DeFi projects for this year is extensive and worth a lot of detail on each of the most disruptive decentralized finance projects that promise a lot for the coming months.

The financial sector is gigantic and since its integration into the BlockChain technology, it is constantly expanding. Like the entire crypto ecosystem, the modification in integrations or protocols that might seem small, affects the evolution of all corners. As is the case of the PoW protocol, the first existing validation protocol and with which Bitcoin and Ethereum still operate, respectively, and its eventual replacement by more agile protocols and without environmental implications.

Once free of potentially harmful mechanisms such as PoW, the arguments that resist adopting the crypto environment as the leading financial mechanism have gradually run out of objections. DeFi is currently emerging as a standardized financial resource in the world.

What DeFi projects should we turn to see this 2022

• Uniswap

UNI is a decentralized exchange system designed for buying and selling cryptocurrencies directly from wallets and at cheap rates. The structural agility of the AMM and its stability offer an efficient way of trading crypto assets. Uniswap is also a cryptocurrency that can be made available outside of DeFi platforms; It is therefore one of the financial tokens with the highest growth prospects during 2022.

• Polygon

It is a focused platform that is endorsed to Ethereum and that, thanks to its compatibility characteristics, uses traffic paths in Ethereum that reduce ETH congestion.

• Syntetix

Syntetix is ​​a decentralized platform that allows the exchange of all kinds of tokens, from currencies to raw materials.

One of the most interesting qualities of Syntetix is ​​the ability of users to create their own raw materials called Synchs, and exchange them for currencies and current money such as the dollar or gold. Sintetic is one of the DeFi alternatives with the most growth protections in the world.

• Solana

Solana’s case is very interesting and promising, particularly for the way it is facing blockchains like ethereum or bitcoin with the integration of new consensus protocols that have made PoW obsolete, and that will eventually mean a significant loss in the potential and popularity of ETH.

Solana is emerging as the most important DeFi platform to date, because its development is focused on creating operational improvements and expanding financial equity in all directions.

The expansion of Decentralized Finance is a fait accompli that will ultimately have its practical application in the way that people know financial tools in real life.

The DeFi projects are constantly growing in popularity for a simple reason, their effective application, transparency and constant diversification, guarantee a solid financial medium of exchange available to all people.