Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
The decentralized finance (DeFi) ecosystem has grown tremendously during the past year. Recently, it had approached USD 100 billion in total value locked (TVL) and is valued at well over USD 90 billion at the time of writing, according to DeFi Pulse data.
Smart contracts, which may be programmed with set terms and conditions, have also been deployed across a wide range of DeFi platforms such as Aave (AAVE) and Compound (COMP), in order to facilitate decentralized lending, borrowing, and staking. While this nascent DeFi system has its clear advantages, it’s currently quite fragmented.
Currently,
Read more on cryptonews.com