--- image: https://i.imgur.com/x3dvKfW.png --- Decentribe White Paper* ![](https://i.imgur.com/gXZFjId.png) # Decentribe's DeFi Ambitions As recently as 2017, many crypto investors were content with buying, hodling, trading and investing in ICOs. Today, crypto has gained much more utility, especially in the area of decentralized finance (DeFi). For example, according to DeFi Pulse, more than 2 million ETH was been locked in decentralized lending platforms (in September 2019). ![](https://i.imgur.com/YRu7tUa.png) *[DeFi Pulse](https://defipulse.com): Total ETH Value Locked in DeFi Lending Platforms, September 2019* While the USD value of this activity is small compared to traditional finance, it is still significant. Thousands of people around the world are turning ETH that would have normally remained idle in their wallets into investment vehicles through collateralized loans, investment vehicles, fractional banking and other activities that allow their ETH to be put to work without spending it. This is happening all without third parties intervening or having to grant permission. This freedom to act is at the core of the decentralized finance (DeFi) revolution and we want to help accelerate this trend. Our objective is to create the following DeFi solutions: - **[TribeDAX](/uhodZwqxT7ibrhkVRbGL0w)**: An auction-based trading platform that is fully decentralized, non-custodial and private - **[TribeANALYTICS](/arFcn-x3Sa-ErFtuTfAkpg)**: A data solution that helps unlock the value stored in crypto collectible assets developed for blockchain games These platforms will not only provide users focused on decentralization and privacy with new opportunities, but help to bring the worlds of DeFi and blockchain gaming together. [Next: TribeDAX](/uhodZwqxT7ibrhkVRbGL0w) [Back to White Paper Table of Contents](https://hackmd.io/@decentribeTEAM/Decentribe_Whitepaper)