Post
Topic
Board Service Announcements
Re: ⭐️ HyperDAO ⭐️ 🔥 Decentralized Financial Services Ecosystem 🔥
by
Amex Jorden
on 20/01/2020, 16:19:46 UTC
I think 2020 will be the year for DeFi!

I was reading online that the growth in this sector is around 130% over the last 12 months. That is amazing considering that other sectors of crypto are struggling even to survive. There is currently around 700 million USD dollars locked up in these decentralized financial applications. Compared with the 306 million we had around the same time last year that is an amazing growth. And although other applications like Maker are currently dominating the market, I believe HyperDAO is also significantly contributing in the right direction, taking into account that they peg their stable coin to different currencies like USD, EURO and CNY. Anyone has any idea of how big this market will be in probably 4 to 5 years?
Maker currently holds around 55% of DeFI. I am wondering how much is HyperDAO currently holding.

There has been parabolic growth in ETH locked in DeFi.