Friday, December 13, 2019

Ethereum Based DeFi is Estimated to Tap $5 Billion in 2020

The future of finance is evolving and DeFi based on Ethereum is at the forefront. This year has seen explosive growth in decentralized finance, despite the performance of the recession’s crypto assets. 2020 is ready to grow even more with the upcoming DeFi projections.

2020 may be too big for DeFi

Decentralized finances have literally exploded this year. It provides a unique way to earn interest on digital assets without deducting the intermediary. With the current traditional banking system on the verge of collapse and interest rates entering negative territory, savers are being punished on a large scale.

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