What is Ethereum?
Ethereum is a platform that allows for the development of decentralized applications. Ethereum was created in 2015 as a decentralized platform for smart contracts.
Ethereum is the perfect platform for DeFi protocols because it is censorship-resistant, accessible to anyone with an internet connection, and highly secure.
Even though Ethereum is just a few years old, it has already become the home of numerous DeFi protocols such as MakerDAO, Synthetix, Uniswap, and 0x.
Ethereum also has a very active community, which means that it is likely to continue to grow in popularity.
The value of Ethereum has been increasing steadily, and it is likely to continue to do so in the future. For these reasons, Ethereum is a good investment choice.
Ethereum has transitioned its model from proof of work (POW) to proof of stake (POS) which allows you to stake your ether coins (ETH) in return for more ETH.