In the future of finance, the wallet is king!
In the future of finance, the wallet is king!— DEFI brings a new life to decentralized wallet products
DeFi is the abbreviation of Decentralized Finance, also known as Open Finance. It actually refers to a decentralized protocol used to build an open financial system, which aims to allow anyone in the world to conduct financial activities anytime and anywhere, which is also the mission of future finance.
In the existing financial system, financial services are mainly controlled and regulated by the central system, whether it is the most basic deposit and withdrawal transfers, loans or derivatives transactions. DeFi hopes to establish a transparent, accessible, and inclusive peer-to-peer financial system through a distributed open source agreement to minimize trust risks and allow participants to obtain financing more easily and conveniently.
With the further development of DEFI, mortgage lending platforms headed by AAVE, and decentralized exchanges headed by UNI have developed rapidly. They have entered the field of vision of most currency speculators overnight, and are affected by FOMO sentiment. Waves of people poured in, and user traffic in the DEFI market reached a new level. At the same time, wallet products that were once marginalized by centralized exchanges also ushered in a new life because of the skyrocketing load of traffic.
In the past, decentralized wallet products existed as an alternative for users to deposit funds most of the time. Most of the time, user funds were stored in centralized exchanges. With the continuous development of DEFI businesses such as DEX and mortgage lending, decentralized wallet products have almost become the only way for every speculator to move toward a decentralized financial world. At the same time, various smart chains have also ushered in a big explosion. Major exchanges have begun to enter the public chain and book tickets for the new era of DEFI. This has also brought a steady stream of traffic and more innovations to decentralized wallet products. Business models, such as DAPP products, NFT products and so on. With the help of DEFI, decentralized wallet products will shoulder a more important historical mission and go further! <BULLCOIN.FINANCE>
However, contradicting this booming momentum is that there are only a handful of decentralized wallet products available in the market, which can truly achieve a relatively high-quality status in terms of the number of tokens, the degree of open source, and the number of ports. less. But Bull Wallet will pursue the ultimate state in multiple dimensions to provide more comfortable services for more cryptocurrency users and enthusiasts.
When you think of a wallet, what do you think of? storage? transaction? No, there is more. <BULLCOIN.FINANCE>
1. Storage: Realize the most basic functions of the wallet and store digital assets on different public chains. Bull Wallet is connected to the top ten public chains such as EOS, BTC, ETH, BCH, IOST, TRON, BSC, HECO, COSMOS and OKchain ;
2. DApp entrance: Blockchain, like the Internet, also has a variety of applications, which we call DApps. Each public chain has different applications, such as games, tools, exchanges, etc. You can click directly to the third-party Dapp application from the wallet. Just like our paypal, you can directly use a variety of third-party applications. To
3. Transaction and monetization: Digital asset transactions can be directly carried out in the wallet, or assets can be monetized.
4. Information: See information, understand asset prices, and even chat and make friends and other social activities.
It’s really “a small wallet, a big world”. The basic actions that users want to complete in the blockchain world can be solved in the wallet. The wallet is like a channel, with users on one side, and numerous in the blockchain world on the other. It is said that the blockchain circle is a small circle. The BULLFINANCE token BULLCOIN has been online for one month and word of mouth has exceeded 8,300 users. The market expectation and enthusiasm are very high. According to the official synchronization news, the Bull Wallet will be launched online in June, and the future can be expected! If you also want to enter the world of blockchain, you can start with a reliable wallet. Bull wallet will be a good choice!
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