With over $13 billion worth of value locked in Defi protocols, what does the future of DEFIs looks like?

The future of Defi looks bright, with a lot of potential for growth. With the current trend of decentralization and the increasing popularity of cryptocurrencies, it is likely that the value locked in Defi protocols will continue to grow. This could lead to more widespread adoption of Defi protocols and more innovative applications being built on top of them.

The rise of decentralized finance (DeFi) protocols has turned the financial services industry upside down; by enabling anyone with an Internet connection to access financial services without the need for intermediaries, DeFi is opening up a world of opportunity for users and developers alike. From lending and borrowing platforms to stablecoins and tokenized BTC, the DeFi space is constantly evolving and growing. With over $13 billion worth of value locked in DeFi protocols, there’s no doubt that this industry is here to stay.

There are a few key reasons why DEFIs are so trendy and popular:

• First, they offer a way for people to earn interest on their cryptocurrency without having to put their coins in a centralized exchange. This means that people can keep their coins in their own wallet and still earn interest on them.
• Second, DEFIs offer a way for people to trade cryptocurrency without having to use a centralized exchange. This means that people can trade directly with each other without having to go through a third party.
• Finally, DEFIs offer a way for people to lending and borrowing cryptocurrency without having to use a centralized exchange. This means that people can lending and borrowing directly with each other without having to go through a third party.

DEFIs are:

1. Decentralized: Not reliant on any central authority or entity for its operation or governance.?
2. Open source: The codebase is open source and available for anyone to review, use, or contribute to.?
3. Community-driven: The community plays a major role in shaping the direction of the project.?
4. Token-based: The project is powered by its own native token which is used to drive its ecosystem.?
5. Incentivized: There are economic incentives in place to encourage participation and growth.?
6. Borderless: The project is not limited by geographical boundaries and can be used by anyone, anywhere.?
7. Trustless: Interactions within the ecosystem are trustless, meaning they do not require any third-party involvement or intermediaries.?
8. Transparent: All data and transactions within the ecosystem are transparent and publicly accessible.?
9. Decentralized exchange: The project features its own decentralized exchange which allows for peer-to-peer trading of assets.?
10. Lending platform: The project offers a lending platform that allows users to earn interest on their deposited funds.?
11. Borrowing platform: The project offers a borrowing platform that allows users

At EverGrow we are always in search of innovation to add value to our holders; this is the reason we are launching LUCRO TOKEN; This new TOKEN will be launched on September 10th, 2022 @ 11 AM EST / 3:00 pm UTC. This will be a Fair Launch; there are no White Lists or Private Sales. Please note we will only be accepting BUSD (BEP-20). You will also need a small amount of BNB (Smart Chain) for the gas fees.

Stay tuned for more.