DE.FI– Another impending DeFi invasion?

DeFi (Decentralized Finance) popularity has spiked overtime thanks to its potential to transform the traditional financial system and its priority for a more accessible, transparent, and secure financial service. By building its services on a decentralized blockchain network, DeFi has managed to allow users to access financial services, eliminating the roles played by intermediaries such as government, banks and other financial entities.

On the downside, the innovation isn’t devoid of frictions. Similar to any other investment, investing in DeFi comes with its own risks. Most significant of these hiccups has proven to be smart contract weaknesses – which happens to be the heart of DeFi applications.

These vulnerabilities perhaps contributed to DeFi hype waning in recent times, however the good news is that technology is dynamic. The team of DE.Fi are focused towards demonstrating that dynamism having launched the project to improve on the successes of DeFi and profer solutions to some of its limitations.

DE.FI prides itself as the first cross-chain decentralized security network, and prioritizes ridding the DeFi space of risks as much as possible, starting with an automated smart contract security scanner and innovative crypto asset management dashboard.

Some other primary features like Security Toolkits, Audits and so on might also be preparing DE.FI for huge adoption and success, added with the impending listing of its native token, $DEFI, on Bitget.

DeFi hype might have slightly declined as the market expands but with projects like DE.FI aimed at making the space more appealing, could we witness another DeFi invasion?