Cryptocurrency News

Finance Redefined: DeFi’s downturn deepens, but protocols with revenue could thrive

07/23/2022

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2022.07.23 09:58

Finance Redefined: DeFi’s downturn deepens, but protocols with revenue could thrive

Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights — a newsletter crafted to bring you some of the major developments over the last week.

This past week, the DeFi ecosystem saw several new developments related to the DeFi lending crisis as Celsius filed for bankruptcy. At a time when bears are more dominant in the current market, DeFi protocols with a revenue system can thrive.

07/23/2022

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