What are the major challenges hindering Decentralized Finance (DeFi) adoption...
The decentralized finance (DeFi) industry grew by 865% between 2020 and 2022, hitting $254.99 Billion in December of 2021 by total value locked (TVL). Despite the high-yield opportunities creating solutions that give users access to multi-chain capabilities and interoperable blockchains transactions, DeFi is still struggling to capture even 1% of the traditional financial market share. […]
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While the Decentralized Finance or DeFi space, as colloquially called, has experienced a massive surge in interest and valuation, thanks to the influx of multiple projects, a few problems still plague this billion-dollar market. These sticking points hound the growing industry, hindering global adoption. From fragmentations between numerous blockchains and tools to interoperability, exorbitant fees, […]
Here’s what decentralized finance experts think about either Ethereum or Bitcoin as the future of DeFi. Decentralized finance is one of the most promising and indeed the fastest growing ecosystems within the crypto and blockchain space. Total value locked in DeFi — a measure of the total value of assets committed to the DeFi ecosystem — has been approaching the $40-billion mark this month, which indicates a value increase of around 200 times since February 2019. And 2021 has just started, promising some major developments for the DeFi space. Related: Was 2020 a ‘DeFi year,’ and what is....
Big-money players accounted for the majority of transactions in the decentralized finance crypto market in Q2 2021. The DeFi market appears to no longer be the domain of retail actors alone as the institutional investment footprint in the crypto market segment continues to attain more significant levels.According to blockchain intelligence firm Chainalysis, institutional investors played a major role in decentralized finance (DeFi) adoption in Q2 2021.In its soon-to-be-released “Global DeFi Adoption Index” report, Chainalysis stated:“Large institutional transactions, meaning those above....
One of the most successful innovations to come out of blockchain technology is the introduction of decentralized finance. Decentralized or DeFi is a broad term used to catalog the decentralized applications that integrate traditional financial services into the crypto world. Decentralized finance applications and protocols are constantly evolving to integrate emerging trends. Over the last few months, the DeFi industry has seen a sudden influx of liquidity-focused decentralized finance projects introducing a new generation of DeFi called DeFi 2.0. Introducing DeFi 2.0 DeFi 2.0 is a new....
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi R&D, Funding, & Liquidity As decentralized finance (defi) slowly regains its footing following the May decline in total value locked, there is no shortage of investment capital chasing after the idea’s tremendous potential. Bitdao, a decentralized autonomous organization focused on defi, is....