DeFi is more than just providing liquidity by Cointelegraph

Altcoin roundup: DeFi is more than just providing liquidity

The growth of the decentralized finance (DeFi) sector has been a recurring headline throughout 2021 and to date, hundreds of billions of dollars in crypto assets they are locked in protocols through numerous blockchain networks and obtain a return for their holders.

What started out as a simple Ethereum-based exchange interface allowing ERC-20 tokens to be exchanged in a decentralized manner, called Uniswap, has evolved into a vast ecosystem filled with decentralized exchanges, yield farms, lending protocols, and participation platforms.