DeFi is one of the most promising sectors in the blockchain arena. The crypto community sees excellent prospects in developing this segment. Investing in various decentralized projects is possible only through separate coins. Enthusiasts looking to get a slice of these products use dedicated platforms like Uniswap, Saddle Finance, or others.
The true power of DeFi coins is that they allow clients to receive profit and participate in the future development of the company. Asset holders benefit from new product launches. This article will describe several DeFi coins with growth prospects to help successfully introduce decentralized finance without harm.
Lucky Block
The project is a lottery gaming platform, wholly decentralized and not regulated by government authorities. The use of smart contracts allows people to get completely random and fair game results. Users can play this Binance Smart Chain Lottery using the Lucky Block token. After releasing the coin on PancakeSwap in early 2022, it has become the best-performing asset this year, indicating huge investment prospects.
LUNA
This coin belongs to the well-known Terra project, which specializes in algorithmic stablecoins. The company works not only with major fiat currencies like the euro or US dollar but also with many other national currencies. Terra’s price has increased by 6800% in less than three years. Yes, in the last month alone, the price has doubled from $44 to $90. This indicates enormous growth prospects in the coming months.
YFI
Yearn.finance is another promising project that focuses on providing peer-to-peer style loans. With the smart contract system, lenders and borrowers no longer need an intermediary. According to CoinMarketCap, YFI token has grown by more than 10,000% in less than two years. Given the limited number of coins, only 36,000, people should look at this digital asset.
SUSHI
SushiSwap is an exchange that allows customers to conduct transactions with digital currencies without intermediaries. In addition, the company offers several other benefits:
- Opportunities for investment in liquidity pools.
- Ability to lend or even stake.
- Possibility to participate in cryptocurrency holdings.
During the latest round of investments, the company raised over $2 billion. Besides, the platform has an ongoing trading volume of $172 billion. That is why SUSHI coin will only grow in the future.
AAVE
With the help of this platform, every crypto investor has the opportunity to inject coins into lending pools in return for interest. Participation in such pools becomes possible with the purchase of AAVE coin. The token has grown by 400% in value starting from 2020 and today. This makes it a truly profitable investment.
ATOM
Cosmos technologies enable different blockchains to interact with each other. So, for example, Bitcoin can receive data from the Ethereum ecosystem and vice versa. This unique technology will make the project promising in 2022. If someone is interested, they should buy ATOM coin.
GRT
Graph’s innovative technology allows blockchains to manage their data effectively. They can save and extract mining logs and data about transactions without overloading the network. The current price of GRT coin is $2.20. Now is a great chance to invest in this project because then the cost will increase.
MANA
If users are interested in MetaVerse, they can invest in this technology through MANA coin. Decentraland creates a virtual game world based on the Ethereum blockchain. Users can buy land, build properties, and sell it later on the market. In six months, the price of MANA has grown by 24,000% and will continue to grow in 2022.
UNI
Uniswap is one of the more well-known decentralized platforms where clients can easily exchange tokens without a centralized party. Clients can support this project by purchasing a UNI coin, which has cost $17 at the beginning of 2022. Crypto enthusiasts should buy a few tokens, as analysts expect a rapid rise to $40+.
Kyber Network
This technology allows investors to receive liquidity for DeFi coins from different sources. The trading of tokens is divided between many exchanges. Therefore, it is challenging to obtain liquidity. Kyber Network solves this problem and provides both sellers and buyers with favorable market conditions. In 2022, new exchanges will join the protocol, which will lead to the rapid growth of this DeFi coin.