> For the complete documentation index, see [llms.txt](https://leonie-campbell.gitbook.io/hofs-white-paper-2021/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://leonie-campbell.gitbook.io/hofs-white-paper-2021/10.-defi.md).

# 10. DeFi

![](https://580900919-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FsDMmydxIKghoSAaEmD93%2Fuploads%2FPzw2rDqNjECogHSoQuyd%2Fdefi.png?alt=media\&token=9c60aa3c-3e01-4d1c-a7de-18cd2bacf876)

### Decentralized Finance Market – DeFi <a href="#toc90187471" id="toc90187471"></a>

With the arrival of NFT’s in the DeFI ecosystem exploding across various blockchains, the NFT-DeFi combination is the capability engine for unlocking further value.

Collectors can take advantage and participate with their HOFS assets to earn more profit, generating passive income whilst still retaining ownership of their HOFS assets. A detailed explanation of DeFi is out of scope of this whitepaper.

![Figure 21: NFT and DeFi \[4\]](https://580900919-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FsDMmydxIKghoSAaEmD93%2Fuploads%2FT5aHt9Q5bifv5dV4OUOm%2Fdefi-dex.png?alt=media\&token=d1fad90b-5a83-48e1-bb3a-003e15b1a0fd)