Building during a bear market is common advice, but what are DeFi protocols up to during the downturn?
has been one of the fastest-growing sectors in the crypto space since its emergence in 2018. However, like many other sectors, DeFi has seen a negative impact in the current bear market.
This leads to the question: Which protocols will usher in DeFi's next generation of technological advancement, and which won't?While the ants are busy storing food for the winter, the grasshopper is busy playing his fiddle and singing away the summer. Finally, when winter arrives, the grasshopper goes to the ants for help because he is freezing and hungry.
So, it seems reasonable to think that the protocols focused on hype and profit are the most likely to fail during a bear market, while projects focusing on creating real user value are more likely to survive.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DeFi Lender Compound Takes Bite of Institutional Crypto Loans PieDeFi lending platform Compound is adding a new crypto loans service for institutions to its on-chain Treasury product.
Read more »
Fixed interest rates to create a DeFi 2.0 for institutions, says former bank execKevin Lepsoe, former Morgan Stanley executive and founder of Infinity Exchange, told Cointelegraph that tools for institutional investors could help grow the market up to “1000 times what it is today.”
Read more »
Crypto Network Tron Set to Capitalize on DeFi Boom With Wintermute as Market Maker.TronFoundation's DeFi ecosystem has added over $1.2 billion in value since June even as the value locked on DeFi markets on other blockchains, such as Ethereum and Solana, has tapered off. By shauryamalwa
Read more »
First Mover Asia: DeFi Builders Speak Out. What the Crowd Is Getting Wrong About the Ethereum MergeThe Merge will lead to the reduction of the Ethereum blockchain’s carbon footprint, but it will not lower gas fees or improve Ethereum’s scalability, coders behind popular, Ethereum-based projects said; Bitcoin trades sideways.
Read more »
Investment firm Two Sigma Ventures raises $400 million across two roundsTwo Sigma Ventures invests in crypto and DeFi startups, as well as other firms that use data and technology for social advancement.
Read more »
Guest Post by Everscale: SMFT — the Everscale consensus protocol | CoinMarketCapCMCCommunity Spotlight ✨ SMFT — the Everscale consensus protocol, increasing blockchain security to the level 🚀 Everscale_net Crypto CoinMarketCap CMC CMCY $EVER
Read more »