Over 70% of US investors looking to DeFi in 2021

If participating in DeFi doesn’t make you feel like standing at the gates of disruption, just waiting for someone to turn around the key, you’re likely doing it wrong. To contextualize the changes in DeFi over the last year, it is essential to recap that, just one year ago, in April of 2020, the now $51 Billion of value locked in DeFi protocols reached an All-Time-High of a “mere” 700 million. Because of this, it should be no surprise that, according to a recent survey, as many as 72% of US and 60% of UK’s accredited investors aim to utilize DeFi over the coming year. Changing times, booming industries Value locked isn’t the only thing that has changed in DeFi. Thanks to the growing interest in these protocols, the supply of stablecoins in the crypto market has grown beyond $26 billion, Polkadot’s network has witnessed a 44% increase in developer…

Read the original article here