From Industrialized Yield Farming to Hydroponics
Crypto AM shines its Spotlight on Liqwid Finance
Over the course of 2020 the liquidity locked in decentralized finance (DeFi) protocols has grown in rapid fashion with use cases such as crypto-backed lending, decentralized exchanges (DEX’s) and insurance bringing the Total Value Locked (TVL) in DeFi to its current peak ~$15 billion with the majority of this capital existing on the Ethereum blockchain. Ethereum launched in 2015 with smart contracts, enabling users to interact with decentralized applications and programs that execute according to pre-defined logic, all open for anyone to validate on the blockchain.
To understand how DeFi is viable in the Ethereum EVM/accounts world with it’s set of inefficiencies and design tradeoffs you must actually first consider how tapped out the legacy centralized finance (CeFi) system it aims to replace already is. Look no further than U.S. 10-year corporate bonds yieldin