Cryptocurrency DeFi Major Players

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Cryptocurrency DeFi Major Players

Key Takeaways

Introduction

We have provided an overview of the following major players in the cryptocurrency/DeFi landscape: Arcade, NFTX, JPEG'd, Fractional, NftFi, Fraktion, Solvent, Honey, SharkFi, and Pawnshop Gnomies.

Arcade

NFTX

JPEG'd

Fractional

NFTfi

Fraktion

Solvent

Honey

  • Honey's protocol provides liquidity solutions for NFTs and tackles the opportunity cost bottleneck by enabling NFT owners to collateralize their NFT assets on peer-to-and other staking programs such as farms and pools.
  • The platform creates a DeFi protocol for NFTs, "allowing users to have access to a variety of financial use cases ranging from liquidity mining, to lending and borrowing." Honey believes that NFTs will push the limits of DeFi financial services, and they are trailblazers in developing these expected use cases.

SharkFi

Pawnshop Gnomies


Research Strategy

To provide the requested information, we searched through the official websites of the players in this request, the official documentation and whitepapers, social media platforms, as well as third-party company profile sources and press articles.

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