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lmfao DEFI quietly taking over the financial world while we're all busy gambling on meme coins and watching crypto influencers lose their minds over the latest rug pull ๐คก๐ธ๐
lmfao DEFI is like that friend who starts off chill but then suddenly becomes the life of the party with $50 billion TVL, now offering loans against Bitcoin and yields on stablecoins in wallets, it's wild out here ๐
ngmi if you're not yield farming from your fridge by 2022 ๐๐๐พ๐ฅ๐ค๐ฝ
There is a silent transformation in progress in decentralized finance (DEFI). The current growth is fueled by the sector becoming a backend financial layer for user-oriented applications and the increase in institutional participation. The total locked value (TVL) on higher DEFI loan protocols exceeded $50 billion, motivated by rapid institutionalization and sophisticated risk management tools. ๐
One key trend is discreetly incorporating DEFI infrastructure into user-oriented applications to provide yield or loans, creating a more transparent experience. Examples include borrowing against Bitcoin holdings and offering yields on stablecoins directly within wallets. Increasingly, DEFI protocols introduce use cases for tokenized traditional instruments such as US Treasury bills. ๐
https://altcoin.observer/crypto-lenders-hold-nearly-60-billion-in-assets-while-the-new-wave-of-challenge-adopt-balay-report/
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