How decentralized is DeFi really?

The following is my projected idea of how DeFi protocols should be measured. The 68.2% is a speculative number based on the entire industry but please don’t take it as face value. The more protocols emerge, drop from the market, and stay in the ecosystem, the more that percentage will fluctuate. (These metrics only take in account the technology. There are other factors that affect the protocol’s decentralized weight.)
Satoshi: Serious Overflow Bug on BitcoinTalk Forum on Aug, 15, 2010

DeFi allots for the following type of practices independent of the current financial system:

--

--

--

Founder of Blockchain Culture | Data Scientist | Mobile DJ | Blockchain Educator

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Crypto Trading Tips

Hacking in Cryptocurrency

[COLUMN] What opportunities do Blockchain Alliance Europe members see in curbing the covid-19…

SOTA Finance RECAP In August & September/2021

Crypto Regulation News: Wyoming Passes Friendly Regulations for Crypto Assets, Luxembourg to Give…

“This can be as big as UPI” — Understanding the Big New Thing in India

Why should we combine Prediction and Yield Farming?

Cryptocurrency & Blockchain News | 17

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Jasmine Brunson | bubblyorca.eth

Jasmine Brunson | bubblyorca.eth

Founder of Blockchain Culture | Data Scientist | Mobile DJ | Blockchain Educator

More from Medium

History of Proof of Excellence and new possibility — Decentralized Game

DeltaHub Capital Invests in Fluid Finance

Smart contracts: Ethereum and competitors

FaniTrade and its unique offering to the DeFi space