Top 6 DeFi Lending Platforms- #dyor

1. Aave

Stani Kulechov established $AAVE  in 2017. The innovative team behind Aave helps in its development as a platform. Aave supports different sorts of currencies, such as popular tokens and other lesser-known assets.

2. MakerDAO

Rune Christensen is the founder of MakerDAO, which dates back to the year 2014. Team #MakerDAO is dedicated to the decentralized stablecoin platform, which led it to the leader spot within the Defi realm.

3. Yearn. finance

Andre Cronje created yearn. finance in 2020. #YearnFinance uses a community-driven development model, and its developer is Andre Cronje, who is a prominent figure within the crypto community.

4. Curve Finance

The launch of #Curve  Finance was in 2020 by Michael Egorov. Curve Finance concentrates on stablecoins. It specializes in stablecoins such as #Dai , USDC, and USDT. One of the strong points of Curve is that it emphasizes various stablecoin liquidity pools with no slippage and stable returns.

5. Synthetix

Kamin Warrick founded Synthetix, which initially operated as Havven, back in 2017. Synthetix aims to secure assets for use in the blockchain by its members. Synthetix enables users to create synthetic tokens, which are backed by commodities, fiats, or even cryptos.

6. Compound Finance

It was established by Robert Leszner in 2017. However, Compound has an experienced team that strives to develop a straightforward DeFi lending service. It supports several cryptocurrencies, which include Ethereum-backed assets such as ETH, DAI, and USDC, among others