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Decentralized finance (DeFi) is exploding in global popularity, with billions of dollars locked into various protocols in the space. By leveraging blockchain technology, many DeFi financial products can offer higher annual percentage yields (APY) than in traditional finance (TradFi) since they don’t attract labor-intensive and costly processes like settlement and escrow services.
At the core of DeFi's operations are smart contracts and decentralized autonomous organizations (DAOs), which make the niche transparent, secure and highly efficient as compared to TradFi.
However, despite the flexibility and diverse yield opportunities provided by DeFi, most TradFi players still perceive financial instruments in the DeFi sector as complex and high-risk, making them more hesitant to explore them.
In this article, we’ll look at how BarnBridge is working to onboard traditional investors into DeFi by providing attractive, risk-flexible financial instruments. Let’s learn more.
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