The capitalization of the DeFi market has grown from $686 million on January 1, 2020, to more then $68 billion just one year later

💰MakerDAO, Compound and Aave are the most popular and largest decentralized non-custodial DeFi projects, $16 billion out of $40 billion are locked in them

🌐DeFi is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries

⚖️Main reasons for the attractiveness of the DeFi market is the higher transparency and trust

💵DeFi's unsecured lending has helped popularize the market by making loans more flexible. One of the original goals of DeFi was the simplification of relations between credit institutions and borrowers

💸Entrepreneurs may find it worthwhile to experiment with some of the proven DeFi products to get insight into how the young financial ecosystem is driving fundamentally new and interesting user behavior by enabling banking services without a bank

Merge Cats tournament ended! Congratulation to the winners!

Total spent: 2193471 SOUL

Crypto Dragons tournament ended! Congratulation to the winners!

Total spent: 2255240 SOUL

Winners of #reputationsystem in ENG channel are:
🥇 75 000 SOUL - SebbeiSebbei (98) Artificial Intelligence
🥈 50 000 SOUL - faraan87 (65) MegaBrain
🥉 25 000 SOUL - RasmonT (40) Superhero

Winners of #reputationsystem in RU channel are:
🥇 75 000 SOUL - timtash (12) Надежный
🥈 50 000 SOUL - Shah116 (12) Надежный
🥉 25 000 SOUL - Игорь (6) Продвинутый

Congratulations to the winners! Thank you for helping our community to become better! 🤝

Help other - get reputation and SOUL
Every 2 weeks we’ll reward winners 🏆

To give another user a reputation, reply his message and write - Thank you, thanks, ty, etc.