Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: TomPluz on June 19, 2020, 05:54:13 AM
-
I think that Decentralized Finance or DeFi is really here to stay and is gaining a big traction in the marketplace...
Australia is experiencing a DeFi boom, with leading derivatives project Synthetix joined by buzzy newcomers Thorchain, Ren and mSTABLE.
Australia is experiencing a decentralized finance (DeFi) boom, playing host to some of the most talked-about projects in the space.
They include longtime DeFi leader Synthetix (SNX), the up-and-coming Thorchain (RUNE) along with the just-launched Ren (REN) and mSTABLE (META).
RUNE has increased 167% in the past 30 days, REN is up 36% (mostly in the past week), and SNX is up 35% — and 2,600% since its lows prior to launching last year.
More here... (https://cointelegraph.com/news/australias-defi-boom-growing-excitement-as-new-projects-launch)