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The decentralized finance (DeFi) sector has grown spectacularly in 2021, feeding into the growth of the wider crypto market which in turn has fed into it. It now accounts for more than USD 200bn in total value locked in, having stood at around USD 22bn on January 1.
Speaking with Cryptonews.com, figures within the sector expect it to continue expanding in 2022. They also expect various sub-sectors within DeFi to witness considerable growth next year, from liquidity mining and yield farming to decentralized autonomous organizations (DAOs), decentralized exchanges (DEXes), and non-fungible tokens (NFTs).
However, commenters suspect we’ll finally see the introduction of legislation that directly bears on DeFi in 2022, although most
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