How is the DeFi Landscape Shaping Up in 2021?

[Zero0]

The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Market Across
Decentralized finance is often considered a relatively new phenomenon in crypto, but it has been around in various forms for several years now. MakerDAO was founded in 2015, Aave started life as ETHLend in 2017, and Uniswap emerged in 2018. But it’s fair to say that 2020 marked such a watershed moment in the advancement of DeFi, that for many people, last year was when it all really began.

As speculators rushed in to capitalize on the opportunity for vast returns, developers and venture investors have also turned more attention to DeFi. Now in 2021, we’re starting to see more advanced protocols emerge as the DeFi markets begin to more closely resemble their traditional counterparts. Some projects have even started to merge crypto native concepts like stablecoins with traditional assets to create entirely new products.

So how is DeFi transforming in 2021 across the various segments?

Source link: https://cryptonews.com/news/just-nft-fund-launches-the-world-s-first-picasso-nft-to-help-10103.htm