Top 5 Heco DeFi Platforms in April 2022!

S1mple Finance
3 min readApr 27, 2022

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Today we are taking a look at the top Heco 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 CoinWind

CoinWind is a DeFi smart mining financial platform, it automatically matches pledged tokens through contracts and cooperates with the strategy of hedging impermanence to maximize users’ income, effectively solves single token and LP mining low-income problem and the impermanence of LP mining risk issues such as large losses.

CoinWind website: https://www.coinwind.com/

Supported blockchains: Ethereum, BNB Chain, Heco

#4 Belt Finance

Belt.fi is a stableswap AMM protocol that incorporates multi-strategy yield optimizing on Binance Smart Chain (BSC), HECO Chain, and Klaytn with low fees/slippage that also provides aggregation through vault compounding, lending and yield generation for maximum returns.

Belt Finance website: https://belt.fi/

Supported blockchains: Heco, Klaytn, BNB Chain

#3 Minto

Minto is a unique DeFi platform for mining BTC. Minto (BTCMT) tokens are backed by a real mining equipment hash rate in a 100 BTCMT = 1 TH/s ratio. Minto allows users to get daily income in bitcoins by staking BTCMT tokens.

Minto website: https://minto.finance/

Supported blockchains: Heco

#2 Elk Finance

Elk Finance is a decentralized network for cross-chain liquidity. The Elk ecosystem makes it possible to exchange cryptocurrencies and interact with smart contracts seamlessly across networks, bypassing the need for complicated and costly bridges.

Elk Finance website: https://app.elk.finance/

Supported blockchains: Polygon, Avalanche, TelosEVM, Fuse, IoTeX, BNB Chain, Cronos, Moonriver, Phantom, Harmony, Heco

#1 Mdex

MDEX is a decentralized transaction protocol based on an automated market-making mechanism.

Mdex website: https://bsc.mdex.co/

Supported blockchains: BNB Chain, Heco

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