Too Long; Didn't Read
DeFi grew from a playground for early adopters, where value has exchanged hands via protocols with such fancy names as ‘Sushi’, ‘Yam’ or ‘Pancake’ It has a current total value locked (TVL) in all DeFi projects of US$65b. DeFi as an interconnected thriving ecosystem, forming a financial spiderweb made up of independent ‘money legos’ With a slew of applications for saving, investing, derivatives, options and insurance, has to mature in order to rival incumbents and the current legacy financial system.