Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: Farmacademy on November 07, 2020, 10:25:41 AM
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Starting with the AMM Decentralized Exchange Uniswap platform, decentralized finance systems have skyrocketed. As of October 2020, the Total Value Locked in decentralized finance systems is around $ 11.2 billion. At the same time, the liquidity of the platforms providing credit operations is rapidly catching up with the platforms of independent Decentralized Exchange. Thus, decentralized finance systems are at the earliest stage of their development, since the Total Market Capitalization of the entire cryptoasset market is $ 371 693 673 466. Accordingly, the potential for growth of various systems of decentralized finance is simply huge and exponential growth will continue in the future. After all, a volatile market provides the greatest opportunities for professional traders to make money, and the crypto asset market is the most volatile of all, so its popularity will continue to grow. Statistics show that no classic regulated market offers the opportunity for such high returns that decentralized finance systems offer.
By the way, as the report of the CoinGecko.com company, which conducted a survey of its users, showed, the reason for the popularity of decentralized finance systems is a decrease in confidence in the banking system as a whole, and the ability to independently control their assets, as well as a higher efficiency of decentralized finance systems, which allows you to get high profitability.
Curiously, the growth rate of the decentralized finance system is showing exponential growth in 2020, thanks to the breakthrough technology of the Uniswap platform. For example, from January 2019 to January 2020, the volume of assets on the platform increased from $ 35,000. up to $ 12,000,000, and already in October 2020 amounted to $ 2.22 billion. At the same time, the popularity of other decentralized exchange providers Curve Finance and Balancer continues to grow, as well as platforms for decentralized lending and borrowing - Maker, Aave, Compound.
Thus, we can make an unambiguous conclusion that in this time period of the development of the blockchain technology market, the most popular product for investment is the system of decentralized finance. It became the main driving force behind the return of high interest in the crypto asset market in 2020. Moreover, at the moment Total Value Locked in the system of decentralized finance is only about 1% of the total capitalization of cryptocurrency assets, which means that the potential for growth is enormous.
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Starting with the AMM Decentralized Exchange Uniswap platform, decentralized finance systems have skyrocketed. As of October 2020, the Total Value Locked in decentralized finance systems is around $ 11.2 billion. At the same time, the liquidity of the platforms providing credit operations is rapidly catching up with the platforms of independent Decentralized Exchange. Thus, decentralized finance systems are at the earliest stage of their development, since the Total Market Capitalization of the entire cryptoasset market is $ 371 693 673 466. Accordingly, the potential for growth of various systems of decentralized finance is simply huge and exponential growth will continue in the future. After all, a volatile market provides the greatest opportunities for professional traders to make money, and the crypto asset market is the most volatile of all, so its popularity will continue to grow. Statistics show that no classic regulated market offers the opportunity for such high returns that decentralized finance systems offer.
By the way, as the report of the CoinGecko.com company, which conducted a survey of its users, showed, the reason for the popularity of decentralized finance systems is a decrease in confidence in the banking system as a whole, and the ability to independently control their assets, as well as a higher efficiency of decentralized finance systems, which allows you to get high profitability.
Curiously, the growth rate of the decentralized finance system is showing exponential growth in 2020, thanks to the breakthrough technology of the Uniswap platform. For example, from January 2019 to January 2020, the volume of assets on the platform increased from $ 35,000. up to $ 12,000,000, and already in October 2020 amounted to $ 2.22 billion. At the same time, the popularity of other decentralized exchange providers Curve Finance and Balancer continues to grow, as well as platforms for decentralized lending and borrowing - Maker, Aave, Compound.
Thus, we can make an unambiguous conclusion that in this time period of the development of the blockchain technology market, the most popular product for investment is the system of decentralized finance. It became the main driving force behind the return of high interest in the crypto asset market in 2020. Moreover, at the moment Total Value Locked in the system of decentralized finance is only about 1% of the total capitalization of cryptocurrency assets, which means that the potential for growth is enormous.
Brother, I fully understand the post you have given about Daffy and I did not understand the meaning of Daffy before but after reading your post I have come to know it completely. Thank you for giving me this valuable post.
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Starting with the AMM Decentralized Exchange Uniswap platform, decentralized finance systems have skyrocketed. As of October 2020, the Total Value Locked in decentralized finance systems is around $ 11.2 billion. At the same time, the liquidity of the platforms providing credit operations is rapidly catching up with the platforms of independent Decentralized Exchange. Thus, decentralized finance systems are at the earliest stage of their development, since the Total Market Capitalization of the entire cryptoasset market is $ 371 693 673 466. Accordingly, the potential for growth of various systems of decentralized finance is simply huge and exponential growth will continue in the future. After all, a volatile market provides the greatest opportunities for professional traders to make money, and the crypto asset market is the most volatile of all, so its popularity will continue to grow. Statistics show that no classic regulated market offers the opportunity for such high returns that decentralized finance systems offer.
By the way, as the report of the CoinGecko.com company, which conducted a survey of its users, showed, the reason for the popularity of decentralized finance systems is a decrease in confidence in the banking system as a whole, and the ability to independently control their assets, as well as a higher efficiency of decentralized finance systems, which allows you to get high profitability.
Curiously, the growth rate of the decentralized finance system is showing exponential growth in 2020, thanks to the breakthrough technology of the Uniswap platform. For example, from January 2019 to January 2020, the volume of assets on the platform increased from $ 35,000. up to $ 12,000,000, and already in October 2020 amounted to $ 2.22 billion. At the same time, the popularity of other decentralized exchange providers Curve Finance and Balancer continues to grow, as well as platforms for decentralized lending and borrowing - Maker, Aave, Compound.
Thus, we can make an unambiguous conclusion that in this time period of the development of the blockchain technology market, the most popular product for investment is the system of decentralized finance. It became the main driving force behind the return of high interest in the crypto asset market in 2020. Moreover, at the moment Total Value Locked in the system of decentralized finance is only about 1% of the total capitalization of cryptocurrency assets, which means that the potential for growth is enormous.
Brother, I fully understand the post you have given about Daffy and I did not understand the meaning of Daffy before but after reading your post I have come to know it completely. Thank you for giving me this valuable post.
I think this is a joke, since not everyone usually reads such a long text. It is written in dry and too abstruse terms, most likely copied. Here you need to write simply and so that ordinary citizens who go to this forum to learn something about cryptocurrency understand it.
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Currently the cryptocurrency market is at a much better stage. It has pumped a lot more than before. A world market is going to take up a lot of space.