What is DeFi?
With DeFi, anyone in the world can lend, borrow, send, or trade blockchain-based assets using easily downloadable wallets without having to use a bank or broker.
So, what is DeFi?
DeFi is mini-contracts built on blockchain, that allows people to do simple and complex trades, like leveraged trading, structured products, synthetic assets, insurance underwriting, market making — while always retaining complete control over their assets.
Sooo, WHAT IS DEFI?
DeFi stands for decentralized financing, if you haven't gotten it now, fear not, just know it's a digital mini contract.
What is DeFi Yield Product?
Because of the digital and decentralized nature of the crypto world, it is a wonderland for quantitative trading，which is basically trades designed and executed by computer codes. Quantitative trading can potentially bear great returns, but as you probably guessed only techies and professionals will be able to do so.
In order to bridge the gap, so everyday people can provide the money quantitative traders need and share these professional traders earnings, Coinomo presents simple to use, easy to understand DeFi Yield Products, we help you gauge the risk & return of each DeFi Yield Products through the estimated APY and our in-app risk scores.
Wealthy high-net-worth customers normally hire professional money managers to design and invest in similar products, now with Coinomo, you can invest in them too.
How to Invest in DeFi Yield Product?
Go to Coinomo Yield Page
Choose the product you like, on this page you can see the "Estimated Annual Yield", "Duration" of the Plan and the coins in which the plan is denominated, in this case, it's "USDC"
If you want to learn more about the product, you need to click on it to go to the product page
In the Yield Product page, you can find out more information about the product, like what is the project start date, how much value has been locked in this contract and what are our assessment of the risk invovled.
You can check your balance and earnings and choose to deposit or redeem (withdraw) on this page too.
Why wait,check it out now!