I’ve been trying different DeFi platforms to invest into. My user experiences with DyDx, Compound, Uniswap, and other have me curious which is best.
DyDx - was straight forward and easy to navigate. It doesn’t offer the same interest for investment that Compound, Celsius, and MyCred do.
Compound - Changed my crypto into synthetic versions of the actual coin. For example my BAT became CBat, DAI became CDAI. When u trade back the synthetic coin for the real coin you lose some of the interest in the conversion. This was a deal breaker for me.
MyCred and Celsius - offer almost the same service. Celsius has a better team and track record. So far I’m enjoying their service. They pay the interest in CEL and ave high interest rates for stable coins. To date It’s been a lucrative venture.
My question to you guys is…“What’s your favorite DeFi platform and why?”