In the first quarter of 2024, approximately $43.8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of decentralized finance, bolstered by the Ethereum network’s transition to a Proof-of-Stake model. The bridging sector experienced […]
Source: https://news.bitcoin.com/study-three-quarters-of-defis-total-value-locked-earn-5-apy-in-low-risk-contracts/
