Oct 18 2020

Here’s why DeFi and decentralized exchanges could grow even more

published by Nick Chong
in blog CryptoSlate
original entryHere’s why DeFi and decentralized exchanges could grow even more

defi ethusd

Decentralized finance (DeFi) has seen parabolic growth since the start of 2020, with the total value locked in these contracts, largely based on Ethereum, rising from $1 billion to $12 billion now. Crucial to this growth has been decentralized exchanges (dexs). In 2017 and 2018, many thought that these applications were clunky, as transaction fees were high and the user experience was very...

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