DeFi Inflows Doubled in 2019
DeFi Inflows Doubled in 2019
DeFi is a growth sector in 2019, and funds held in various schemes have doubled in 2019. Despite the lack of regulations, using (ETH) as collateral has changed the crypto landscape.
DeFi Pulse tracks the clear trend in expanding crypto lending. Beyond the absolute growth of funds, the last few months saw even faster inflows.
https://twitter.com/defipulse/status/1193622415496163329
Crypto lending started off a few years ago, with rock-bottom lending rates of 0.5% for Maker DAO. Later, skepticism brough interest rates to above 20%, with the fear of a mass exodus and liquidations.
Now, trust is back and more than 1.793 million ETH is locked w…
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Source: investing.com
View original post