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TOP 5 DEFI
TRENDS OF
2024
www.intelisync.ai
INTRODUCTION TO DEFI
Decentralized finance allows anyone on
a decentralized public blockchain
network to use financial products
without intermediaries such as banks or
brokers. DeFi platforms offer a varied
range of financial services, including
lending, borrowing, insurance, trading,
and asset management, all performed
by smart contracts and decentralized
protocols.
Integrating DeFi with traditional
financial systems represents a swift
transformation in the financial
landscape.
This convergence gains traction as
traditional institutions gradually
incorporate DeFi protocols, utilizing
smart contracts, tokenization, and
decentralized lending features.
TRADITIONAL FINANCE
INTEGRATION
RESTAKING PROTOCOLS
Another trend that will be prevalent in
2024 is restaking, a process of locking
up liquid staking tokens (LST) for extra
yield. This trend is expected to gain
traction due to its simplified yield
farming process and enhanced utility
within staking ecosystems.
It enhanced the functionality of these
protocols. Thus, it attracts more
interest and engagement with
additional incentives for token
holders.
In 2024, expect more stablecoins in
the crypto space offering stability
amid market volatility.
Moreover, new stablecoin projects
aim to differentiate themselves by
exploring alternative collateral, such
as commodities or government
debt.
STABLECOIN
Decentralized Exchanges (DEXes) and
Automated Market Makers (AMMs)
have played pivotal roles in
revolutionizing financial markets. They
provide users with unparalleled
autonomy, security, and access to
diverse assets.
The evolving significance of DEXes and
AMMs lies in their adaptability and
innovation.
DEX AND AMM INNOVATIONS
LAUNCH OF DECENTRALIZED
PHYSICAL INFRASTRUCTURE
NETWORKS (DEPIN)
Emerging as a notable DeFi trend for 2024,
DePIN holds the potential to revolutionize
physical infrastructure through blockchain
integration.
DePINs enable autonomous, real-time
interactions within physical infrastructures
by leveraging technologies like smart
contracts and the Internet of Things (IoT).
To summarise, 2024 appears to be very
encouraging for the development of DeFi
patterns and activities.
As DeFi transitions from its speculative
phase to a more mature and stable
environment, integrating with traditional
finance, adopting Layer-2 solutions, the
emergence of crypto bridges, the
introduction of DePIN networks, and
innovations in DEX and AMM signify a
promising future.
CONCLUSION
ABOUT INTELISYNC
At Intelisync, our DApp development
services encompass a wide range of
activities to create high-performance
decentralized applications tailored to the
specific needs of startups and small
businesses.
Contact Intelisync for Your Developing a
Dapp Development.
www.intelisync.ai
connect@intelisync.ai
THANK
YOU

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Top 5 Latest DeFi Trends of 2024 by Intelisync

  • 1. TOP 5 DEFI TRENDS OF 2024 www.intelisync.ai
  • 2. INTRODUCTION TO DEFI Decentralized finance allows anyone on a decentralized public blockchain network to use financial products without intermediaries such as banks or brokers. DeFi platforms offer a varied range of financial services, including lending, borrowing, insurance, trading, and asset management, all performed by smart contracts and decentralized protocols.
  • 3. Integrating DeFi with traditional financial systems represents a swift transformation in the financial landscape. This convergence gains traction as traditional institutions gradually incorporate DeFi protocols, utilizing smart contracts, tokenization, and decentralized lending features. TRADITIONAL FINANCE INTEGRATION
  • 4. RESTAKING PROTOCOLS Another trend that will be prevalent in 2024 is restaking, a process of locking up liquid staking tokens (LST) for extra yield. This trend is expected to gain traction due to its simplified yield farming process and enhanced utility within staking ecosystems. It enhanced the functionality of these protocols. Thus, it attracts more interest and engagement with additional incentives for token holders.
  • 5. In 2024, expect more stablecoins in the crypto space offering stability amid market volatility. Moreover, new stablecoin projects aim to differentiate themselves by exploring alternative collateral, such as commodities or government debt. STABLECOIN
  • 6. Decentralized Exchanges (DEXes) and Automated Market Makers (AMMs) have played pivotal roles in revolutionizing financial markets. They provide users with unparalleled autonomy, security, and access to diverse assets. The evolving significance of DEXes and AMMs lies in their adaptability and innovation. DEX AND AMM INNOVATIONS
  • 7. LAUNCH OF DECENTRALIZED PHYSICAL INFRASTRUCTURE NETWORKS (DEPIN) Emerging as a notable DeFi trend for 2024, DePIN holds the potential to revolutionize physical infrastructure through blockchain integration. DePINs enable autonomous, real-time interactions within physical infrastructures by leveraging technologies like smart contracts and the Internet of Things (IoT).
  • 8. To summarise, 2024 appears to be very encouraging for the development of DeFi patterns and activities. As DeFi transitions from its speculative phase to a more mature and stable environment, integrating with traditional finance, adopting Layer-2 solutions, the emergence of crypto bridges, the introduction of DePIN networks, and innovations in DEX and AMM signify a promising future. CONCLUSION
  • 9. ABOUT INTELISYNC At Intelisync, our DApp development services encompass a wide range of activities to create high-performance decentralized applications tailored to the specific needs of startups and small businesses. Contact Intelisync for Your Developing a Dapp Development. www.intelisync.ai connect@intelisync.ai