The DeFi space is clearly at an interesting point.
On the one hand, DeFi tokens lost up to 95% of their value during the current market cooldown, NFTs and Metaverse have taken the spotlight and DeFi 2.0 lost its initial momentum. There were also a lot of exploits, regulatory uncertainties, an unprecedented cult of individuals and some questionable hires.
On the other hand, established protocols have been working like a charm supporting a lot of day to day operations. DeFi on Layer 2 is just getting started. Multichain DeFi and DeFi on other chains are also going through a rapid growth phase.
With all of these, is it possible that the worst is behind us and we are at the brink of a DeFi Renaissance? You’ll find answers to this question and more in this video.
----Timestamps----
00:00 - Intro
00:56 - Past
04:21 - Present
10:50 - Future
14:16 - Summary
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