Five Most Promising DeFi Projects of End of 2020

The rise of the DeFi sector has brought a lot of new projects to the attention of the crypto community, as DeFi aims to offer decentralized banking services, particularly targeting the unbanked and underbanked.

The year 2020 has been a great year for cryptocurrencies. Despite the fact that it has been one of the worst years in recent history — one that brought a global pandemic, worldwide protests, and more — it finally allowed crypto to start heading down the real road of recovery.

At the time of writing, Bitcoin’s price sits above $19,000, which is the first time in almost three years that it went up that high. In fact, the coin is currently not far away from its all-time high — only $1k away. With another bullish wave, BTC could bridge that distance within a few hours.

Then, there was the DeFi boom, which finally brought decentralized finance, as well as products and services that the sector has to offer to gain the attention of the wider crypto industry. DeFi skyrocketed this year, and it continues to impress. There are also plenty of new trends, as well as predictions of trends that have yet to come in 2021.

With many new projects rising to new heights, many are interested in discussing which might be considered the most promising coins at the end of 2020, which is what we decided to discuss today.

Top Five Most Promising Projects

Level01 (LVX)

Level01 is another noteworthy project, which offers a platform with AI-guided derivatives trading. It has its token, LVX, which is an ERC-20 token that can be used within the platform’s ecosystem for generating profits through hosting tournaments and trade groups.

The project attracted a lot of attention due to its partnership with Bloomberg, with plans to incorporate Bloomberg Data into its FairSense AI, thus improving the customer experience by providing access to new crucial information in real-time. It also teamed up with AGDelta, and it is preparing to hold an STO.

Read the full article, https://www.coinspeaker.com/most-promising-defi-projects-2020/