news

bitcoin

1 X bitcoin bitcoin =

Tuesday

29 September 2020

How Normies Are Getting Crypto-Rich With DeFi - CoinDesk

How Normies Are Getting Crypto-Rich With DeFi - CoinDesk


smart summary beta

One such anonymous YAM user, who said he rarely trades on exchanges, said he found the YAM trading game fun and relatively easy.

He participated in the community vote to “save” YAM, then said he promptly “dumped” his tokens when he realized the software experiment was not sustainable.

ConsenSys’s head of product for Infura, Michael Godsey, said his team handled the “increased usage” from the food-themed yield farming spike, watching closely to understand “these new usage patterns.” Such DeFi experiments provide inspiration and research data for Ethereum startups, not chagrin. 

As for Joe, the Canadian college student, he said he plans to keep stacking tokens because the broader DeFi movement is “sustainable and has been growing at a relatively slow pace for years.” 

Goto Full Article

bitcoin bitcoin price

$9106.76

24h

Live Average

bitcoin

News Article Sentiment

positive

Score (0)

Article Metadata

author

site

coindesk.com

categories

Market data feeds provided by cryptocompare.com
bitsmart 2018