Etherium News

DeFi Inflows Doubled in 2019

 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…

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

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

Show More

admin

cryptrace.com

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button