This article tackles the nature of the existent risks and what DeFi protocols can do to mitigate them.
The DeFi sector is experiencing renewed momentum, with venture capitalists pouring over $1 billion worth of investments into crypto projects in March 2024 alone. The bigger part of this money was funneled into DeFi-related initiatives, reflecting growing confidence in the sector. Moreover, the total value locked in DeFi protocols has surged dramatically since the beginning of 2024, climbing from $54 billion all the way to $104 billion over the last 6 months.
The DeFi sector is experiencing renewed momentum, with venture capitalists pouring over $1 billion worth of investments into crypto projects in March 2024 alone. The bigger part of this money was funneled into DeFi-related initiatives, reflecting growing confidence in the sector. pouring pouring Moreover, the total value locked in DeFi protocols has surged dramatically since the beginning of 2024, climbing from $54 billion all the way to $104 billion over the last 6 months.
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