Again we see the panorama of decentralized finance (DeFi) but under a data that is not perceived by many or at least by those who are exploring new horizons. One of the relevant records in this new world of DeFi falls on the total value locked (TVL).
When we talk about TVL we refer to the amount of money that has been blocked due to the use that is given to support cryptographic tools such as smart contracts, decentralized protocols and applications, or DApps, loans, decentralized exchanges. For August, the TVL increase was 32%, and starting, at the time of this article, it went from $ 7.7B to $ 9.42B, and we are just beginning September.
But the interesting thing that is added to these figures is the record that the decentralized exchange Uniswap has, of $ 1.63B blocked, registering an increase of 34.11% and a dominance of 17.28%.
These numbers have a clear reading, the adoption of the DeFi's is advancing at accelerated steps, which I do not know if it is convenient or ratifying, but of course this will be a financial evolution that will already involve a radical change in our way of perceiving the economy .
Digitization is undoubtedly taking advantage of many flaws that already dissolve a corrupt system without the need for a pandemic; remember that this only accelerated a process already on the way to development, that little remains of this qualifier with the numbers that we see.
In the same way, we see that these numbers speak of a preference towards the underlying assets that are supported within an ecosystem supported by a native token, in this case ETH, but that provides the ease of mobilizing the representation of value without ties and under parameters free from intermediaries.
Another interesting advantage is that the DeFi's allow to support a key platform for the optimization of the investments that rest in this decentralized ecosystem. IF this continues, I do not think we will tire of reading more about DeFi's and the new good tools, tokens that will be supported in the face of these obvious changes in the financial system.
Another interesting advantage is that the DeFi's allow to support a key platform for the optimization of the investments that rest in this decentralized ecosystem. IF this continues, I do not think we will tire of reading more about DeFi's and the new good tools, tokens that will be supported in the face of these obvious changes in the financial system.
You can appreciate this article on my Publish0x blog in the following link.
https://www.publish0x.com/cryptographic-alchemy/filling-new-tvl-for-defis-xoldmjy
