Identifying key Non-Financial risks in Decentralized Finance on the Ethereum Blockchain
#crypto #bitcoin
Decentralized Finance applications have experienced exponential growth in 2020 with a boom in the value of DeFi tokens and their protocols. The value of DeFi locked in the Ethereum blockchain grew from $4 in August 2017, to $14.37B at the end of November 2020. Some popular DeFi applications include lending, stablecoins, decentralized exchanges (DEXs), derivatives, synthetic assets, insurance, and asset management.
OhNoCrypto
via https://www.ohnocrypto.com
Xavier Meegan, @KhareemSudlow
Decentralized Finance applications have experienced exponential growth in 2020 with a boom in the value of DeFi tokens and their protocols. The value of DeFi locked in the Ethereum blockchain grew from $4 in August 2017, to $14.37B at the end of November 2020. Some popular DeFi applications include lending, stablecoins, decentralized exchanges (DEXs), derivatives, synthetic assets, insurance, and asset management.
OhNoCrypto
via https://www.ohnocrypto.com
Xavier Meegan, @KhareemSudlow