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

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How can DeFi become more user-friendly? Second-generation DeFi protocols should pay special attention to user experience.

are key areas that hinder mass adoption. Even without the KYC requirements, DeFi’s multi-step onboarding process puts services out of reach of most people. Wallet creation and the need to purchase crypto assets to load up these wallets make non-native users more hesitant to dive into valuable services such as lending, trading, and yield farming.While active crypto market participants are well served, the key challenge is attracting those who are not yet into cryptocurrencies.

A similar approach should be implemented by DeFi protocols, offering the general public a seamless experience delivered at the click of a button, that hides the technical intricacies. The Divi DeFi protocol has been engineered for the mainstream user, implementing a range of technical, ease-of-use, and earning innovations to solve the issues of liquidity, usability, and sustainability that have plagued the market since its inception.

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Onboarding and usability are key areas that hinder mass adoption. Even without the KYC requirements, DeFi’s multi-step onboarding process puts services out of reach of most people.

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Source: hackernoon - 🏆 532. / 51 Read more »