The BTC on ETH exceeds 1.5 billion US dollars, and the real lock-up funds of DeFi are 9 billion US dollars. Does DeFi still have a chance?

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插兜小哪吒
4 years ago
This article is approximately 372 words,and reading the entire article takes about 1 minutes
BTC is migrating to ETH, and some leaders in DeFi are picking up.

Editors Note: This article comes fromChatting with Xiaozha (ID: xiaonazha88), reprinted by Odaily with authorization.

Editors Note: This article comes from

Chatting with Xiaozha (ID: xiaonazha88)

Chatting with Xiaozha (ID: xiaonazha88)

DeFi mining, from the annualized interest rate to the sustainable time, is no longer comparable to before.

The mining coins of DeFi have also experienced a wave of washing. Many coins have fallen by more than 90%, and many people have been cut off.

The four major outlets agreed in the second half of 2020: ETH2.0, Polkadot, Filecoin, and DeFi.

The BTC on ETH exceeds 1.5 billion US dollars, and the real lock-up funds of DeFi are 9 billion US dollars. Does DeFi still have a chance?

The launch of ETH2.0 is unknown; Polkadot has been hyped for a while; Filecoin was launched on October 15 and is on its way; DeFi has rebounded strongly, is there still a chance?

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1. Filecoin, the king-level project is about to go online

The BTC on ETH exceeds 1.5 billion US dollars, and the real lock-up funds of DeFi are 9 billion US dollars. Does DeFi still have a chance?

Filecoin, as an old project that started fundraising in 2017, has gone through a long period of letting go, and is finally coming out.

From 2017 to 2020, in the past three years, many people have invested in Filecoin and bought Filecoin mining machines. It is said that the investment in Filecoin mining machines has reached 10 billion+.

Hype cannot be avoided, how can it be hyped? See how the dealer plays. The hype of Filecoin will also drive the rise of the decentralized storage sector. Of course, the storage sector has already responded in advance.

The BTC on ETH exceeds 1.5 billion US dollars, and the real lock-up funds of DeFi are 9 billion US dollars. Does DeFi still have a chance?

How big a wave Filecoin can make, lets see as we go.

2. The DeFi mining currency bubble burst, and the lock-up volume remains the same

The BTC on ETH exceeds 1.5 billion US dollars, and the real lock-up funds of DeFi are 9 billion US dollars. Does DeFi still have a chance?

The DeFi bubble burst, but looking back at the locked-up volume of DeFi, according to the data of debank, it is shown as follows.

The BTC on ETH exceeds 1.5 billion US dollars, and the real lock-up funds of DeFi are 9 billion US dollars. Does DeFi still have a chance?

The amount of funds locked in DeFi is slowly rising. In other words, although the mining revenue is not as good as before, the funds have not left on a large scale, but the speed of entering funds is slowing down.

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Blue Fox said that this year it has almost exceeded 1%. In other words, it is possible to migrate more than 100,000 BTCs to ETH.

If this happens, what impact will it have on DeFi?

DeFi, decentralized finance, plays with assets, and high-quality assets are the underlying foundation. With the influx of more high-quality assets, the water of DeFi will become active again.

The BTC on ETH exceeds 1.5 billion US dollars, and the real lock-up funds of DeFi are 9 billion US dollars. Does DeFi still have a chance?

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3. Some DeFi leaders rebounded

The BTC on ETH exceeds 1.5 billion US dollars, and the real lock-up funds of DeFi are 9 billion US dollars. Does DeFi still have a chance?

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