GoodFi is a not-for-profit, founded to make your first steps into Decentralised Finance (DeFi) as easy as possible.

With so much choice out there,

DeFi Decisions Made Simple.

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2021-06-07 01:30:05

GoodFi is a not-for-profit, founded to make your first steps into Decentralised Finance (DeFi) as easy as possible. With so much choice out there, working out how to get started can be stressful. We are here to demystify DeFi.

DeFi is a global decentralized market place of financial services, like loans, trading, and investments, which anyone can access at any time from anywhere.

Today, DeFi investment returns range from 10% APR on pure savings products, to 61% APR for the more adventurous applications.

Over $166Bn of cryptocurrency is already invested into DeFi applications on blockchains like Ethereum. To access DeFi, you use cryptocurrencies. These are easy to buy, and while some like Bitcoin vary in price, others are called "stable coins" as their value is tied to things like the US dollar.

Billions of dollars worth of trading, lending, borrowing and saving happens every day in DeFi DeFi lets you earn passive income by lending cryptocurrencies to these markets.

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