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2022-01-11 04:24:23

Is There a Way to Expand DeFi?

Almost inherent to the industry is the idea of expanding, evolving and changing with this ever-growing market. Therefore, many decentralized finance (DeFi) projects come out to show what they got to see whether it can be the next big hit. What comes from these endeavors is the idea that there are ways to change the way people interact with DeFi and related services, usually through a community of cryptocurrency investors through which platforms can gain exposure and raise funding for their projects. Reducing System Problems One project looking to change DeFi interaction is Optimus Ventures, aiming to reduce the problems of crowdsourcing and fundraising in the initial days of a firm. It is fairly easy to start their project on the platform after filling a form and listing out the necessary details per the needs of the user’s jurisdiction. The platform supports the top three major chains: Ethereum, Binance Smart Chain and Polygon. Therefore, there’s little chance that developers will face any problems of cross-chain incompatibility. While launched on the biggest chains in the DeFi world, it is a cross-chain semi-automatic launchpad that is backed by smart contracts. As of now, the platform has funded more than 10 projects, amounting to a total of $10 million with over 200 active investors. This is ideal to smooth out the interaction between investors and the projects which are launching their platform on the launchpad. There are...

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