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  1. About DeFi
  2. Barriers
  3. Improve user experience
  4. Summary

About DeFi

Decentralized Finance (DeFi) leverages the power of Blockchain to create a free and transparent finance. Blockchains use a decentralized peer-to-peer (P2P) trading system to eliminate middlemen and allow traders to lend, borrow, and provide liquidity directly. This results in interest rates that are often higher than those offered by traditional financial institutions like banks.

In fact, most banks are regulated and can only offer interest at a certain percentage per year. Meanwhile, some DeFi platforms offer interest rates up to 20 percent annually or higher. Therefore, investing in DeFi platforms brings more benefits and is an extremely attractive "piece of cake" for investors.

In addition, DeFi has huge potential for users compared to traditional markets. DeFi trading, for example, is available 24/7 and 365 days a year, which can create new opportunities and trading possibilities with no time limits.

DeFi's speed and efficiency allows for rapid movement in and out of positions, thereby helping to take advantage of various opportunities such as arbitrage. Also, no matter what platform you have, or how much money you have, you can use DeFi.

There are more than a billion people in the world who do not have bank accounts and cannot use traditional markets. It is a huge boon for people who don't have a bank account to access and invest with DeFi - in a world where banks simply don't exist for them.


For beginners, most cryptocurrency wallets and decentralized finance (DeFi) protocols are somewhat complicated. Despite many functions, some crypto wallets are somewhat unfriendly even for experienced users.

Today, most users are familiar with simple interfaces, and functions that just require a few gestures such as "Swipe left, swipe right", etc., which can be done easily. Therefore, technology products are trying to reach consumers, including applications on blockchain and decentralized financial products.

However, as DeFi grows rapidly, the functional range of protocols also increases with complexity as the need for features and applications divide to accommodate more blockchain networks.

To quickly solve user needs, BHO Network provides 3S Wallet with the goal of Simplicity, Security and Safety - providing maximum support for newcomers when participating in DeFi.

Improve user experience

3S Wallet is an innovative multi-chain crypto wallet that solves user experience issues and provides quick and easy referrals for both novice and advanced crypto users.

With a one-touch gesture interface, it is usable for beginners without having to learn much. Besides, 3S Wallet integrates many features such as:

  • Integrated on-ramp payment gateway through Moonpay
  • Kyberswap integration allows users to swap assets quickly and at low cost directly on wallets over a chain or cross-chain
  • Built-in popular DeFi protocols such as Uniswap, Pancakeswap, 1inch, AAVE, GMX, OpenSea, etc. which helps users to have quick access without needing to remember the exact access address of each dApps.
  • NFT storage & transaction: Allows you to store, send, receive and buy NFTs quickly from many different networks.

In addition to simple and basic features to help accelerate DeFi, 3S Wallet also has a Rewards program with an attractive participation mechanism to help users earn more income. Anyone using 3S Wallet can join the feature by inviting friends to use 3S Wallet and get passive income with your own system up to $20 for each successful referral.

Detailed instructions for 3S Wallet's Rewards feature here.


DeFi is a complex and nascent field that is growing rapidly. Decentralized finance (DeFi) protocols have helped diversify investment opportunities for retail investors. And an important factor for the widespread adoption of DeFi, to unleash its true potential, is to enhance the user experience. BHO Network believes that 3S Wallet will help users speed up and simplify the DeFi experience. 3S Wallet is now available on both iOS and Android, you can download the app here.

Published on January 29, 2023

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