DeFi Vs. Legacy Finance: Solving Old Issues Brings New Complexities

[Riya143]

Will DeFi take over centralized finance?: A deep dive into the benefits, advantages, dangers and constraints of both systems.
Decentralized finance has become one of the hot topics in crypto this year. Although activity and volume in the DeFi space still lag behind its popularity, this is starting to change as novel protocols become available. In fact, according to a recent report by Consensys, the amount of Ether (ETH) locked and active users on DeFi platforms has soared after being “fairly stagnant” during the rest of the year due to Compound’s release.
Read More: https://cointelegraph.com/news/defi-vs-legacy-finance-solving-old-issues-brings-new-complexities