DeFi Has More Risks Than Just Magic Credit Creation Protocols

Written by TonyToreto | Published 2020/10/20
Tech Story Tags: covid-19 | fintech | fintech-and-cybersecurity | technology | impact-of-covid-19-on-world | defi | defi-and-traditional-finance | defi-trends

TLDR The decentralized finance (DeFi) space is experiencing a boom like nothing else that the crypto space has seen. The total value of assets locked in DeFi appears to be growing by the day. Estimates show that the market could end up with over $20 billion in assets locked before the end of the year. However, there is still a lot of skepticism around space. DeFi has some inherent risk to it, and investors will need to be aware of these risks if they are to maximize their value.via the TL;DR App
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Written by TonyToreto | Writer
Published by HackerNoon on 2020/10/20
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