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More than 0.2% of all Bitcoin is now represented on Ethereum: here’s why More than 0.2% of all Bitcoin is now represented on Ethereum: here’s why
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More than 0.2% of all Bitcoin is now represented on Ethereum: here’s why

Decentralized finance (DeFi) has seen parabolic growth in recent months, evidenced by tokens pertaining to the space rallying thousands of percent, massive projects being minted out of thin air, and the sheer number and variety of individuals talking about the subject.

More than 0.2% of all Bitcoin is now represented on Ethereum: here’s why

Photo by Isabella and Louisa Fischer on Unsplash

Decentralized finance (DeFi) has seen parabolic growth in recent months, evidenced by tokens pertaining to the space rallying thousands of percent, massive projects being minted out of thin air, and the sheer number and variety of individuals talking about the subject.

The issue is: thus far, DeFi has involved Ethereum โ€” and almost Ethereum only.

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