COINDESK - 18 September 2020: "What is DeFi?"
With the explosive growth of yield farming over the past few months DeFi is now proving to be a major milestone in financial history. However, with the pace of these developments, we know it's difficult to stay current. Alyssa Hertig has published a DeFi primer on Coindesk titled "What is Defi?"
The major VCs such as Andreessen Horowitz, Sequoia, Bain Capital and Polychain are funding the decentralised platforms in their rush to grab market share. DeFi is short for “decentralised finance,” an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries.
For more information about DeFi and yield generation please contact Stephen McHugh or Charles Hancock.