Value locked in DeFi on Ethereum exploded from 1B US$ in May 2020 to almost 4B in July. The DeFi craze put so much pressure on the Ethereum blockchain that we’ve constantly seen gas prices above 60 Gwei over the past few weeks. Ethereum users are currently burning more than 5,000 ETH in fees per day (more than 1.6M US$) A single project, led by one man, has grown from...
The DeFi Guide
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