Identify 4 DeFi Tokens That Are Often Mentioned In The Media

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Let's get to know the four DeFi tokens that are often used as media quotes!


CHAINLINK (LINK)

  • Is a decentralized oracle network
  • Aims to link external data sources with public blockchains
  • Connects smart contract platforms with critical off-chain data from markets, events and payments.
  • Name / Type of token: LINK / ERC-20
  • Earnings limit: 1 billion LINK
  • Current market capitalization: $ 10.8 billion

AAVE (AAVE)


  • It is an open-source and non-custodial protocol
  • Aims to collect interest from deposits
  • Make asset loans with various or stable interest rates
  • Name / Type of token: AAVE / ERC-20
  • Income limit: 16 million AAVE
  • Current market capitalization: $ 6.0 billion

UNISWAP (UNI)

  • Is a centralized exchange developed in Ethereum
  • Using automated market manufacturing system
  • In addition to matching buy and sell for individuals, consumers can also collect two assets before trading at a price determined based on the ratio of the two
  • Name / Type of token: UNI / ERC-20
  • Income limit: 1 billion UNI
  • Current market capitalization: $ 5.9 billion

SUSHISWAP (SUSHI)

  • Is a fork to Uniswap centralized exchange (DEX).
  • Has the same features as Uniswap
  • The main difference with Uniswap is that SushiSwap has SUSHI tokens and incentives for liquidity providers (LPs).
  • Name / Type of token: SUSHI / ERC-20
  • Production limit: None
  • Current market capitalization: $ 2.0 billion

This article is intended as an additional resource to investors interested in DeFi investment and not as investment advice. Remember! Always do your own research (DYOR) so that you are more understanding and clear before investing in DeFi. 

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