Mark Tencaten - DeFI

A $90 billion DeFi program known as Sushi Swap has been likened to the Wall Street on the Internet.

Sushi Swap, which was developed in 2020 is a DeFi program whereby you can “Swap, earn, stack yields, lend, borrow, leverage all on one decentralized, community driven platform.”

Sushi Swap works in the way of an exchange, allowing traders to swap digital assets in a decentralised way.

Decentralised Finance, DEFI, is a “new way to execute financial transactions through applications.” DEFI essentially eliminates the need of a traditional financial institution, such as the banks, and intermediaries by exercising the Blockchain.

According to Mark Tencaten Blockchain is a “network software protocol that enables the secure transfer of money, assets, and information via the Internet, without the need for a third-party intermediary such as a bank.” Melanie Swan, Anticipating the Economic Benefits of Blockchain.

NGS Crypto, Australia’s leading digital asset mining specialists have recently announced that they will soon be expanding their operations to include an exchange/wallet.

Currently, NGS Crypto helps hundreds of Australians safely enter into the digital

asset mining market, without the risk that comes with trading.

NGS Crypto is at the forefront of bringing Blockchain technology and DeFi options to the Australian people says Mark Tencaten.

“NGS Crypto is developing a multi-blockchain cryptocurrency exchange/wallet, which will allow all NGS Members to conveniently buy, sell and swap all mined

Bitcoin (BTC), without the need to leave the NGS Crypto ecosystem.

NGS Crypto Australia views DeFi and digital asset mining as the future of Finance, with members currently taking home returns in excess of 100% per year for the last 3 years running.

On the other hand, we see further regulation in the cryptocurrency space as a positive for the market as digital assets and cryptocurrencies go mainstream over the next ten years.