What would a world without banks look like? The answer may lie in decentralized finance.
Decentralized finance is an emerging ecosystem of financial applications and protocols built on blockchain technology with programmable capabilities, such as ethereum and solana. The transactions get executed automatically through smart contracts on the blockchain, which includes the agreement of the deal.
“Anyone can actually build businesses on top of these protocols and using them the same way as we can today build an internet business on top of the HTTP IP protocol,” said Stani Kulechov, founder of a DeFi protocol called Aave.
Decentralized finance has captured only 5% of the crypto space, according to CoinGecko, but it has seen massive growth recently. There was $93 billion worth of DeFi assets in the crypto market as of June 2021, up from $4 billion just three years ago. To be sure, DeFi’s growth has slowed since the summer of 2020, and regulatory scrutiny from Capitol Hill has spiked over fears of crypto’s checkered past.
1:17- Chapter 1: The ABCs of DeFI
3:16- Chapter 2: The DeFi boom
5:45- Chapter 3: Why people are excited about DeFi
7:31- Chapter 4: What’s next?
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Crypto’s Next Big Thing: Decentralized Finance Takes On Wall Street
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Today's new gift to Victoria and the Central Bank
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God bless you in all you do Mr Tyler, I have no regrets contacting you some hours ago and I finally got my bitcoin alert of $345,600USD in my coinbase wallet!!!!
Friends
The 9th Anniversary Offer of AEX Wealth Management is here. Participate in the DeFi Machine Gun Pool/Regular Wealth Management and have a chance to win 1 BTC! Don't miss out it'll be fun
I have incurred so much losses trading on my own..I trade well on demo. But I think the real market is manipulated. Can anyone help me out or at least tell me what I'm doing wrong
Oh gosh , this system is about to get even more interesting. Highway robbery is about to get easier. 😓 First it was bank notes, then it was dollars, now it’s a device/scheme without any gun. And none of it it actually money.
It is clear BTC has proved it's use case during this uncertain times. We need more experts like Mr Ryan Donald, who educate people on the evolution of the market so
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weeks implementing Ryan Donald daily trading signals and tips.