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ConsenSys 2020 DeFi Report

Published: 2020

Organization: ConsenSys

Tags: ethereum, defi, stablecoins, insurance, protocols


Overview: DeFi in the second quarter of 2020 has largely been defined by recovery of the crypto ecosystem following March’s market events, which saw crypto prices drop 40% in one day on March 12. Though the DeFi community took a hit with regards to ETH price, the day also proved an important indicator of Ethereum’s ability to handle a substantial spike in DeFi activity, as users rushed to protect their funds

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