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Top DeFi Exchange Platforms for 2022
2021 was an immense year for the wider crypto
market, including sectors like Web3,
non-fungible tokens (NFTs), and more. But the
year was also a significant one decentralised
finance an umbrella term for financial
services on public blockchains, that removes the
control banks and institutions have on money,
financial products. DeFi is based on blockchain
technology, which allows fund transfers between
digital wallets to take place almost
instantly. For 2022 there are five DeFi
Exchange Platforms, They are 1. PancakeSwap
(CAKE) PancakeSwap (CAKE) is an automated market
maker and yield farm on the Binance Smart Chain
(BSC). Although PancakeSwap is a fork of
SushiSwap, it enables cheaper and faster
transactions because it runs on BSC.
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• PancakeSwap also provides yield farming,
  lotteries, and initial farm offerings.
• SushiSwap (SUSHI)
• SushiSwap (SUSHI) is a decentralized protocol for
  providing automated liquidity on Ethereum. It is
  a decentralized exchange and a decentralized
  lending market. It also enables yield instruments
  and staking derivatives. In late 2020,
  Yearn.finance and SushiSwap announced a merger
  under which
• they would share development resources, but
  maintain separate tokens and
• governance systems.
• UniSwap (UNI)
• Uniswap (UNI) is a decentralized protocol for
  automated liquidity provision on Ethereum. One
  major problem with illiquid assets on regular
  exchanges is "high spreads". Uniswap solves this
  problem by enabling everyone to become a market
  maker. Uniswap suffers from high slippage for
  large
• orders because the price paid increases with the
  increase in the quantity.
• 1Inch

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plays a major role in the NFT Marketplace. It has
the potential to list many different varieties
of assets. Source https//gadgets.ndtv.com/cryp
tocurrency/opinion/top-defi-cryptocurrenc
y-2022-aave-balancer-sushiswap-uniswap-pancakeswap
-2723133 Do you also want to start a DeFi
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PancakeSwap, SushiSwap, UniSwap, 1Inch, and
JuggerSwap? Then you are reading the correct
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