— DeFi Pulse 🍇 (@defipulse) June 20, 2020
Total Value Locked in Ethereum-based DeFi protocols is now at a new all time high. 🤯
Right now, it's at $1.41B, beating the previous high of $1.25B back in mid-February 2020. 🥳 pic.twitter.com/AFZErzhSKM
— DCinvestor.eth ⟠ aftab.eth (@iamDCinvestor) June 20, 2020
Decentralized finance should not be about optimizing yield. Rather, we should be solidifying and improving a few important core building blocks: synthetic tokens for fiat and a few other major assets (aka stablecoins), oracles (for prediction markets etc), DEXes, privacy....
— vitalik.eth (@VitalikButerin) June 20, 2020
Yield farming will allow open source projects with a working, in demand product to monetize via token incentives.
So while I agree this shouldn’t be the end goal, I see it as an important funding experiment.
— Into the Ether (@econoar) June 21, 2020