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What is Ethereum DeFi (Ethereum Fabric)

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What is Ethereum DeFi? Ethereum DeFi is divided into decentralized finance and n

What is Ethereum DeFi (Ethereum Fabric)

What is Ethereum DeFi? Ethereum DeFi is divided into decentralized finance and non-custodial lending. Currently, the most popular projects on the market are still based on Ethereum, such as lending platform Uniswap, decentralized trading platform Balancer, and so on. However, these projects also have some issues in their operation. For example, in order to obtain high returns, project teams need to provide liquidity to investors and set restrictions. Due to the high risks and lack of sufficient user base, they cannot afford high funding rates. Therefore, many users choose to use Ethereum as collateral for their investments or conduct transactions through exchanges. However, this method may not be as secure as centralized exchanges.

Ethereum Fabric

Ethereum Fabric is a standard software for storing transactions and smart contracts, aiming to solve scalability, speed, and cost issues on the Ethereum blockchain. This system will allow developers to write new applications or protocols based on Ethereum to build decentralized applications and services.

Fabric is one of the core components of Ethereum 2.0, and its goal is to provide a simple and efficient platform. It enables anyone to create their own DApps and run them and can also be used as an underlying infrastructure, such as Metamask and Trezor.

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