Decentralized finance, better known as “DeFi,” has taken the cryptocurrency industry by storm over recent months. This industry sector has gained increasing traction as investors see the need to earn yields on their capital. DeFi applications have garnered $12 billion in deposits, per a number of data sources. Innovators in the space have found ways to leverage smart contracts to build financial applications, increasing the utility of cryptocurrencies. Furthermore, the concept of decentralized financial services […]
