There’s more to DeFi than just providing liquidity By Cointelegraph

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Altcoin roundup: There’s extra to DeFi than simply offering liquidity

The expansion of the decentralized finance (DeFi) sector has been a recurrent headline all through 2021 and to this point, a whole lot of billions of {dollars} in crypto property are locked on protocols throughout quite a few blockchain networks and incomes a yield for his or her holders.

What began off as a easy Ethereum-based swap interface that allowed ERC-20 tokens to be exchanged in a decentralized method, known as Uniswap, has exploded into an enormous ecosystem stuffed with decentralized exchanges, yield farms, lending protocols and staking platforms.