Some functions of DeFi require you to trade digital assets that aren’t compatible with a platform you wish to use for a service. This requires a process known as “wrapping”. While nothing is technically being wrapped in a physical sense, it is a descriptive term for creating compatibility to a specific network architecture. Users can wrap Bitcoin to be compatible with the Ethereum network for example which allows that Bitcoin to be ERC-20 compatible that is also backed 1:1 in value. Wrapping an asset provides more benefits than just compatibility benefits. Wrapped assets also offer liquidity to a blockchain, allows hard assets to be directly tradable with tokens, and reduces noise by only utilizing one node (if on the Ethereum network for example) instead of multiple.
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September 23 • 2 minutes
As an investor in DeFi, keeping track of digital assets across various platforms and blockchains can be a daunting task.
April 5 • 8 minutes
As the crypto bull market heats up, more investors seek to navigate the burgeoning world of decentralized finance (DeFi).
March 8 • 20 minutes
When engaging with decentralized finance (DeFi), investors often face the challenge of managing investments, tracking yields, and ensuring they keep all their assets safe.
February 15 • 15 minutes
January 2024 was an incredibly important month for us. We achieved significant results and made remarkable progress.
February 6 • 4 minutes
With new crypto ecosystems popping up on a regular basis, the integration of different blockchain networks with popular wallets is a key narrative moving into the next crypto cycle.
January 26 • 6 minutes
This month, we are proud to announce that De.Fi has secured investments from the first BTC ETF provider. We're seeing a huge spike in mentions and social interest in De.Fi and $DEFI token right before the listing.
January 18 • 6 minutes
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