Home > NEWS > Here’s how one company is solving DeFi’s issues through easy onboarding, and cross-chain staking

Here’s how one company is solving DeFi’s issues through easy onboarding, and cross-chain staking

DeFi is growing fast, but it has to focus on making onboarding and earning yield easy to achieve mass adoption.

Decentralized Finance (DEFI) is set up to change financial information services so that all people, no matter where they live or their influence, can enjoy the benefits of the territorial sovereignty of the financial industry. However, before they can complete their tasks, it must first deal with diversity, which limits millions of hidden newcomers to apply Defi protocols.

An important link is the awkward user feelings and complicated interface, a variety of problems perplexing the post, making it difficult for popular audience groups to get services.

Induction and reliability are the key areas used to block scale. Even without KYC (mastering your customer) rules, the Defi onboarding process makes it difficult for most people to get services. The creation of wallets and the need to buy encrypted assets to load such wallets has made non-local users more hesitant to devote themselves to meaningful services such as borrowing, buying and selling and profitable farming.

How to simplify the user experience in Defi?

Although dynamic login password investors are well served, the important test is to attract those who are not yet fond of digital money.

The second generation of Defi applications should pay special attention to the feelings of users and constantly transform all its innovative aspects into a whole process that is easy to use.

An example of a potential breakthrough in simplifying the user experience is the conversion from the old computer command line interface (CLI) to the graphical user page (GUI) of modern computers. The desktop and computer mouse were first proposed by the Xerox Parc team, and finally marketed by Steve Jobs and his elite product team at Apple in the 1980s, which upended the computer and made it easy for everyone to use, because all complex processes can be hidden and managed through intuitive pages.

Defi agreements should be implemented in a similar manner, providing ordinary people with a seamless feeling that can be given simply by clicking the icon, thus hiding the diversity of technology.

Some Defi projects are already developing user-friendly applications to promote the selection of login passwords. One of the most relevant examples is Divi, a profitable Defi agreement that has been trying to turn it into an one-stop Defi solution with strong support for token swapping, NFT, cross-chain interoperability, and other features.

Divi has a proprietary risk confirmation (POS) block chain and a native token (DIVI) that users can bet on, and what makes such a project unique is its concern for users' feelings.

The Divi Defi agreement is customized for mainstream users and implements a series of technology, convenience and innovation to alleviate the problems that have been puzzling market liquidity, ease of use and sustainable development since its inception.

With Divi, the whole process of getting on the job becomes very easy. Users can use intuitive pages, which is the way Divi used to create his unmanaged wallet solution, Divi Wallet. Users can push tokens without having to master all the complicated functions behind the wallet, such as betting on vaults, POS trading, moving master nodes, public key security and so on. To push data encryption, wallet users can click on their friend's user name, mobile phone or email, rather than confusing the detailed address.

In addition to wallets, Divi expands its chip steps by simplifying the establishment of connection points. Divi connection points are supported by proprietary mobility technology, allowing users to deploy connection points to the cloud in the form of self-service escrow in seconds.

More crucially, Divi has developed an innovative cross-chain betting function that can be used as an additional EXO system for users. Cross-chain betting is committed to improving the interoperability between Divi and other transmission chains, giving users higher returns and deeper liquidity. It also allows for more decentralized and secure authentication of market transactions, as stockholders in one chain can help ensure the profitability of the other.

The working state of cross-chain bets is very simple. The user is the first to give liquidity to the LP working capital pool where the other party received the DIVI/ETH token. The token is then placed on the Divi Defi ranch, and users will be rewarded with cross-chain eDivi bets in proportion to LP tokens in layer 1 blockchain technology. You can take a look at the chart below to learn more about the information, or read the article here about cross-chain bets.

Being on the job can help the Defi agreement maintain its resilience during the period of market weakness.

Based on the onboarding process and user experience, the new Defi project ensures the continuous injection of non-local login password users, which in turn can help them survive in a long and bullish market, such as the current "login password winter".

Improving arrival and creating intuitive pages for new users should be a priority for second-generation Defi projects looking for ways to expand their operations to ensure they keep pace with the times. For emerging economies with lofty ideals like Defi, scale selection is indispensable.

Learn more about Divi
by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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