DeFi Adoption

2020, among other noteworthy things, marks the year that DeFi adoption took hold. DeFi innovation through cryptocurrency smart contracts has challenged the way that we now view banks and traditional financial institutions. While there is still a need for traditional banking, DeFi now offers opportunities for passive income generation through lending and borrowing using decentralized liquidity pools for automated interest payments, collateralization, and distributions. 

While DeFi may not be for everyone, the volatility that is created by associated protocol coins and tokens is most definitely affecting the overall macro crypto volatility picture. In general, traders seem to love volatility. We recommend all readers to learn about Defi, and please perform research before making any decisions regarding investing into DeFi platforms, associated risks, and volatility surrounding DeFi platforms and DeFi Engineering.