DeFi
A global, open, and transparent alternative to managing your money.
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| Decentralized Finance (DeFi) | Traditional Finance |
|---|---|
| You manage your own money | Institutions govern your money |
| You determine your money flow and its use. | You have to trust institutions for their financial decisions, such as lending to high-risk borrowers |
| Money transfers can be done in a few minutes. | It may take days if manual service is required |
| Anonymous | Closely related to your identity |
| Open to everyone | Application is required |
| 24/7 service | Fixed trading hours |
| Based on transparency--everyone can check the product data and system operation. | Based on authorization--you cannot check their loan history or asset management, etc. |
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What can DeFi do？
DeFi can offer just as many wealth management products as traditional finance, such as loans, investment portfolios, insurance purchases, and investment management.
In addition, wealth management through Defi is able to render the holders full control over their own funds.
While the sovereign currencies in the northern hemisphere keep going up with their raising interest rates, the Argentine people in the southern hemisphere are using DeFi to combat inflation.
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Opportunities beyond Traditional Investment
The price of gold has appreciated more than 40 times after the decoupling from the dollar in 1971.
If you had invested $1,000 during Amazon's IPO in May 1997, your investment would be worth $2,367,000 as of its climax in 2021
From its first circulation in 2010, Bitcoin has risen 6.6 million times by 2021, and by the turbulent first half of 2022, it will still be 3 million times.
The growth of decentralized finance based on the blockchain has not yet shown any signs of slowing down.
What does VIRTUE have to offer?