How DeFi 2.0 palyer overcome the limitations of DeFi 1.0
From 2019 to 2020, the development of DeFi had experienced an unprecedented explosion and brought disruptive changes to the blockchain industry. In fact that DeFi projects were launched since 2018. It stretched its arm to the world after a year of dormancy in the early 2019. Meanwhile, the total lock-up value in DeFi projects exceeded US$150 million. At the late of April 2021, the figure turns to 612 billion dollars.
During the early stage of DeFi 1.0, DeFi projects had showed its strengths to the world and made a lot improvement from 2019 to 2020. The great succeed of DeFi projects in the stage of DeFi 1.0 is consist of many critical factors. So far, various DeFi applications have successfully developed some basic operating modes, and the threshold for participation in DeFi 1.0 is low. Under the loose monetary policy, it has also brought huge opportunities to the development of DeFi, and investors have naturally flocked to it.
However, DeFi developers need more new blood to go forward. Restricted by the performance of the underlying public blockchain and the scattered user relationships in the DeFi 1.0 native ecology, the market growth rate of DeFi has never reached the initial expectations.
There is no connection between all participants of DeFi 1.0 and lack of motivation to participate in the governance of the platform. It is seriously hinders the ecological development and makes the platform's liquidity difficult to sustain. There are currently many technical teams, similar to PancakeSwap on the BSC blockchain, KeplerSwap on the EOS blockchain, and CherrySwap on OkexChain, which is also undergoing internal testing, all of which are indispensable forerunners in the future of decentralized finance.
Taking the decentralized asset exchange protocol KeplerSwap which first built on the EOS blockchain as an example, users who join the liquidity mining of KeplerSwap will also have the opportunity to participate in the huge rewards of LUCKY POOL. 11 super prizes are drawn every week, one of which is awarded. Account for 50% of the total prize pool! These are huge innovations belonging to the DeFi2.0 world and will likely have a huge spread effect.
All innovations in KeplerSwap are generated by the smart contract hash value random number algorithm, and no tricks could be played in the draw. This makes super lucky people will be generated every week and will regularly attract global attention. In addition, by holding Token, you can participate in and initiate a Space, thereby obtaining ecological governance rights. Space members can obtain various governance rights through the Space, etc., Space members and Space Owners can build the Space together to obtain huge monthly bonus pool rewards.
It can be obvious that the KeplerSwap ecosystem is not satisfied with the decentralized and cold architecture at the current stage. It needs to build a sustainable and automatically spread decentralized financial system-DeFi2.0, which may be extremely remarkable.
In the DeFi1.0 stage, where ETH is the main battlefield of DeFi1.0, relying on the stability and traffic advantages of ETH, the amount of pledged ETH continues to rise. But ETH is not the only choice. More and more ecological Public Blockchains (like DOT, EOS) are becoming better choices. KeplerSwap seems to be the first explorer on the road of DeFi2.0. The industry always hopes that pioneers who propose innovative ideas can get more attention and success, and explore more great achievements on the road of decentralization.