How will frequent regulatory policies in the encryption market affect the development of defi?
Due to the continuous introduction of policies, promote the gradual transition from centralization to decentralization, and will regulation have an impact on decentralization? Decentralized Finance (DFI) is becoming one of the most important sectors in the blockchain industry. In the past two years alone, the total value lock-in (TVL) - the total value of assets locked to various defi platforms - has steadily increased from $21 billion at the beginning of the year to more than $100 billion today. On the macro level, defi represents a wide range of financial products and services, including the very popular decentralized exchange (DEX). Despite the explosive growth of defi's lending products, insurance and even decentralized derivatives transactions, global regulation still seems out of reach. Through defi, blockchain technology is redesigning the world financial system to build a more secure, transparent and accessible market under ideal conditions. Financial innovation is intuiti...