Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk Contracts
Submitted by Anonymous (not verified) on Wed, 04/17/2024 - 14:50
In the first quarter of 2024, approximately $43.8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of decentralized finance, bolstered by the Ethereum network’s transition to a Proof-of-Stake model. The bridging sector experienced […]