Lately, I’ve noticed many DeFi beginners asking for recommendations on platforms to use. To help out, I suggest we start a thread where we can all share our favorite DeFi platforms. Although a Google search of top DeFi platforms will give you results like Uniswap, Aave, Compound, Yearn.finance, Curve, Balancer, Synthetix, Bancor, etc., let’s focus on platforms that are popular among us and can help beginners get started with DeFi.
I’ll start by sharing my favorite platforms for staking, lending, or trading: Acala Network for ACA, Algem on Astar Network for nASTR, STRX Finance on Tron blockchain for SFI, DAFI Protocol on Polygon for DAFI, and PSTAKE on Cosmos for stkATOM.
Based on profitability, STRX Finance earns me the most (40% – 50%), followed by PSTAKE (23.72 %), DAFI Protocol (21.71%), Acala (20%), and Algem (11.5%).
What are your favorite DeFi platforms? Whether you’re a beginner or an experienced user, please share your platform preferences and why you like them. Let’s build a database of platforms that can help beginners get started with DeFi!