Top 5 Cronos DeFi Platforms in April 2022!
Today we are taking a look at the top Cronos blockchain performers in the DeFi industry for this month!
What is DeFi?
Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes the control banks and institutions have on money, financial products, and financial services.
#5 METF Finance
MM ETF is the first decentralized ETF protocol that runs on METF token. Each METF token is backed by a basket of assets (e.g., MMF, METF-MMF LP Tokens etc etc) in the METF Assets Under Management (AUM), giving it an intrinsic value that it cannot fall below. All of these assets come from the MM Finance DEX, and hence form part of the DEX Traded Fund.
METF Finance website: https://metf.finance/
Supported blockchains: Cronos
#4 CronaSwap
CronaSwap is the first decentralized exchange platform on the Cronos Chain to offer the lowest transaction fees (0.25%). Users can swap CRC-20 tokens easily on the Cronos Chain network that guarantees superior speed and much lower network transaction costs.
CronaSwap website: https://app.cronaswap.org/
Supported blockchains: Cronos
#3 MM Optimizer
MM Optimizer aims to provide users the easiest way to join the bandwagon of the DeFi world, built on top of MM Finance, giving the tastiest MMFs topped with MMOs.
MM Optimizer website: https://vaults.mm.finance/
Supported blockchains: Cronos
#2 VVS Finance
VVS Finance is a gateway to the decentralized finance movement. Low fees, fast transactions and competitive earnings.
VVS Finance website: https://vvs.finance/
Supported blockchains: Cronos
#1 MM Finance
MM Finance is the FIRST AMM & DEX on Cronos Chain that offers fee rebates via trade mining. MM Finance has the lowest trading fees on Cronos Chain. On top of that, it will be the FIRST to introduce Protocol Owned Liquidity (POL) into DEX!
MM Finance website: https://mm.finance/
Supported blockchains: Cronos
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