Top Five DeFi Developments to must-watch in 2021 - Brugu Software Solutions - Blog

This blog examined the top five emerging trends in the decentralised finance (DeFi) sector in June. DeFi was still in its infancy at the time. It was an exciting new movement that had just reached the $1 billion total value locked (TVL) milestone—the number of crypto funds deposited by users to decentralised applications (dApps).TVL would reach $2 billion by the end of the month and more than $15 billion by the end of 2020. 1 Today, as the movement shows no signs of slowing, several key trends have become established, while others are worth keeping an eye on as space develops throughout the year. Let’s look at what they are and why they are important.

DeFi Is Growing: Follow the Developments Shaping the Movement in 2021

  1. Scaling Solutions Become Priorities
    The popularity of DeFi dApps is putting a burden on the Ethereum network, resulting in higher transaction (or gas) fees. Simple token transfers can cost a few dollars as of this writing, whereas complicated smart contract transactions like launching a Vault can cost hundreds of dollars or more. Ethereum 2.0 will eventually address the network’s ongoing gas problem, as well as other concerns, allowing it to expand to the point where it can sustain general usage. However, the update will be implemented in stages (the first of which, Phase 0, will begin on December 1, 2020) and will take several years to complete.

Meanwhile, developers are working on interim and complementary solutions to facilitate the launch of large-scale dApps before Ethereum 2.0 is fully released.

Moving some coins and actions to child chains on the Ethereum network is one option. Matic Network2, which is now part of the Polygon suite of scaling solutions, is an example of this. Matic transactions are quick and affordable because they take place on sidechains.

Another technology allows developers to bundle transactions off-chain and submit them to the main blockchain in batches.3 Those bundles, called Rollups (also offered by Polygon), could enable Ethereum to support a 200-fold increase in transactions.

  1. Users Embrace AMM-based DEXes
    Automated Market Makers (AMMs) offer an entirely new concept for decentralised exchanges (DEXes), replacing traditional order books with liquidity pools and pricing determined by an algorithm based on supply and demand. 4 Instead of trading directly with other users, users trade through a smart contract-based liquidity pool. It’s a simple and easy-to-use solution for trustless crypto trading that avoids the challenges and complications of migrating established exchange systems to the blockchain.

Find more details read this blog:https://brugu.io/blog/top-five-defi-developments-to-must-watch-in-2021/

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Top Five DeFi Developments to must-watch in 2021 - Brugu Software Solutions - Blog
Christa  Stehr

Christa Stehr

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Offshore Software Development - Best Practices

With the rise of globalization and the worldwide lockdown due to the pandemic, most of the work has been done by remote working processes and professionals from their homes. This lockdown has proved the efficiency of remote development and enhanced the trust in offshore software development industry.

To make the most out of the benefits of offshore software development, you should understand the crucial factors that affect offshore development. This is why you should read this guide for the best practices when hiring an offshore software development company. Despite the size and the industry of the business, offshore software development is not beneficial for every entrepreneur in many aspects to make the optimum use of talents in technology across the globe.

Here are some of the top reasons why offshore development is beneficial for your business.

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To avail of all these benefits, you should have clear goals, a list of requirements, and features that are mandatory for your software product.

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Mobile App Development Trends to Watch Out For in 2021

Do you want to keep up with new mobile app development trends to better serve your clients? From AppClues Infotech here, you can check out our complete guide to mobile app development trends to watch out for in the year 2021.

For more info:
Website: https://www.appcluesinfotech.com/
Email: info@appcluesinfotech.com
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Eva Watson

Eva Watson

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DeFi blockchain development software solution | Antier Solutions

Antier Solutions is a leading DeFi blockchain development company that helps in DeFi Financial coin, exchange, or wallet development and take your business at the peak of the Financial world. Their cohesive team of blockchain engineers follows a forward-thinking approach to comprehend the ideas and objectives of their clients. They also create a coherent roadmap to shape their ideas into a reliable, scalable, and bug-free solution to help them easily penetrate and outshine the crypto sphere.

The robust features that Antier integrate into the DeFi wallet development to create a world-class product are:
• Multi-layer security system
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If you want to hire a reliable and experienced DeFi development company, then request for a free quote with their professionals. Call Antier’s subject matter experts today on 9815218699 or 9855078699.
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Custom Software vs Off-the-shelf Software: How to select a better one for your business?

Custom Software or Off-the-shelf software, the question in mind for many business personnel. Read this blog to get help to make the right decision that will benefit your business.
For a business that wants to upgrade and modernize itself with the help of software, a common dilemma it is whether to go for custom-made software or opt for off-the-shelf software. You can find many top software development companies worldwide, but before that all, you should first decide the type of software –an off-the-shelf software or a custom one.
This blog aims to overcome the dilemma and accord some clarity to a business looking to automate its business processes.

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5 Core Criteria for Selecting Software Development Company - TopDevelopers.co

Check out these five criteria for the selection of your software vendor, and you will never regret having the wrong quality product made for you.

One of the primary reasons why many companies are stuck with an underperforming software product is that they did not give the requisite attention in selecting an efficient software development partner. We assure you that if you put in some effort and pay heed to the factors mentioned above, then you will be able to select an efficient custom software development company to build your software that will cater to all your requirements.

Read More: 5 Core Criteria for Selecting Software Development Company

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