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TheBlock 2021-12-02 20:27:54

Current state of DeFi in 2021: Part 2

Quick TakeThis is a section from The Block Research’s upcoming 2022 Digital Assets Outlook reportThe nature of decentralized stablecoins became more diverse with the rise of algorithmic stablecoins backed by fractional reserves or endogenous collateralCentralized custodians played a pivotal role in bringing Bitcoin into DeFiLido denominated the liquid staking sector with billions under managementMost miner extractible value originated from arbitrage

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