- Strike Protocol boosts DeFi lending with sTokens, interest gains, and community-driven governance, ensuring efficient crypto borrowing.
- Pyth Network enhances DeFi with real-time, first-party market data, powering 250+ dApps with accurate price feeds across multiple assets.
- Telcoin bridges telecom and DeFi, enabling low-cost remittances and decentralized asset exchange for 5B+ mobile users worldwide.
Strike, Pyth Network, and Telcoin are making waves in DeFi with lending, real-time data, and telecom-driven finance
Strike(STRK) Protocol Enhances DeFi Lending
Source: Coinmarketcap
Strike maintains its leading position in decentralized finance (DeFi) lending protocols by allowing users to gain cryptocurrency interest from their digital asset deposits. Users deposit assets into liquidity pools through the platform which provides sTokens to represent their investment. The exchange rate for sTokens will increase gradually which results in interest benefits for depositors.
The loan process takes place through asset provision as collateral where loan-to-value ratios settle between 50% and 80%. The system automatically liquidates positions which drop beneath preset minimum value requirements. Unlike some protocols, Strike maintains full community-driven governance, with STRK token holders deciding on key changes such as collateralization factors and asset listings.
Pyth Network(PYTH) Expands Real-Time Data Access
Source: Coinmarketcap
Pyth Network is advancing blockchain integration with real-time, high-fidelity market data sourced directly from exchanges and financial institutions. By operating as a first-party oracle network, it enhances accuracy and reduces the risk of data manipulation.
With over 380 low-latency price feeds covering cryptocurrencies, equities, ETFs, FX pairs, and commodities, Pyth Network supports a broad range of decentralized applications (dApps). Its open-source framework allows seamless integration across multiple blockchains, ensuring accessibility for developers. The network has already facilitated over $1 billion in total value across 250 applications, reinforcing its role in DeFi infrastructure.
Telcoin(TEL) Bridges Telecom and Decentralized Finance
Source: Coinmarketcap
Telcoin is an owner-powered decentralized financial solution that merges telecom infrastructure specifically to enhance global financial accessibility. Telcoin delivers swift, affordable wire transfers to mobile device users because it utilizes blockchain technology through its telecom partner networks.
The Version 3 update brought Telcoin users two new financial tools: Send Money Smarter Network (SMS) for remittances and TELxchange as a decentralized digital asset exchange. With over 5 billion mobile users globally, Telcoin aims to expand DeFi access through telecom partnerships while minimizing traditional financial risks.
