The Value of DeFi
Since 2019, DeFi has proven to be a valuable utility of cryptocurrency. We have created a new paradigm in various DeFi models that cannot be found in existing finance.
However, the High Return, High Risk laws could not be avoided. DeFi is also high returns, and investors are at high risk. DeFi protocols that are exploited and fraudulent have sprung up, and their image of DeFi is also being damaged.
DeFi also contracted in the market as speculation on NFT became a profitable investment alternative. At the same time, as the focus shifted to NFT, DeFi developed into a broader 'WEB3.0' form again. A multi-trillion-dollar marketplace has been created by improving and implementing various DeFi infrastructures.
Last updated