Post
Topic
Board Altcoin Discussion
Topic OP
​​Highlights on the predictions for DeFi in 2020
by
nanaimogold
on 30/12/2019, 20:13:52 UTC
1. Total Value Locked in DeFi will continue to raise and might reach X billion mark.
▪️"We'll see significant growth over the next year, both in terms of value locked in the DeFi smart contracts and user base" by DeFiprime
▪️"Total value locked up in Ethereum DeFi will surpass 1 billion dollars in 2020" by Outlier Ventures
▪️"Value locked in DeFi hits $5B" by Blockchain Capital
▪️"The DeFi sector will continue to grow. The amount of funds locked in DeFi will double at least" by CryptoRank

2. Significant competition to Ethereum will arise.
▪️"More cross-chain DeFi projects and at least 2 major public chains other than ETH will establish a noticeable DeFi eco, competing with ETH" by Ryan Tian
▪️"Ethereum still will be the #1 platform for DeFi projects. We'll see fully functional and trustless bridges from BTC to the ETH-based DeFi ecosystem.  We'll see 10x attempts to build the DeFi ecosystem from scratch, both on old semi-dead blockchains from the past, and on newish VC founded" by DeFiprime

3. Interoperability will arrive in 2020
▪️"Interoperability will arrive in 2020" by Roy Learner
▪️"We'll see significant progress with blockchains interoperability and the adoption of DEXes with assets swaps between more than one blockchain" by DeFiprime

4. We might see the fall of at least one DeFi project either because of regulations or volatility of the market and systematic risks of the collateral.
▪️"We'll see at least one project being slapped by regulators. It'll force other projects to switch from the team ruled somewhat-DeFi/CeFi to non-custodial/DAO-governed." by DeFiprime
▪️"There will be at least one major collapse of the current well-known project due to the volatility of the market and systematic risks of the collateral." by Ryan Tian

5. The amount of BTC locked in DeFi will significantly raise and might even outperform ETH
▪️"BTC will eclipse ETH as the primary value locked in DeFi" by Roy Learner
▪️"Don't bet against Bitcoin, and try to pull its value into DeFi machines" by Lex Substack

Any additional thoughts?

Credit: cryptodiffer