🔥Total value locked in DeFi rises to 4 Billion! by resiliencia

hive-175254 · @resiliencia · Aug 10 '20

$4.09

🔥Total value locked in DeFi rises to 4 Billion!

Hello!

All the eyes are on DeFi now. If you are not following that closely you may be missing the train.
Maybe it will be as huge as the ICO craze we saw last 2017, or even higher.

I was looking for some stats about the evolution of DeFi, [defipulse.com](defipulse.com) is one of the best sites to track it.
The current value locked in DeFi is 4.5 billions according to them.

This is not the most amazing part of the story. What blowed my mind is the acceleration of this, later on I will upload a chart that speaks by itself.

![defi.png](https://files.peakd.com/file/peakd-hive/resiliencia/rjORtuqq-defi.png)
[Source](https://www.google.com/url?sa=i&url=https%3A%2F%2Facademy.binance.com%2Fes%2Fblockchain%2Fthe-complete-beginners-guide-to-decentralized-finance-defi&psig=AOvVaw3qDlm1YTUAggMMyYnuJTTJ&ust=1597174542689000&source=images&cd=vfe&ved=0CAMQjB1qFwoTCLiyxf6wkesCFQAAAAAdAAAAABAD)

# Is DeFi a catalyst for cryptocurrency?

Well, first of all we should agree upon the definition of catalyst.

According to wikipedia:

> A substance that increases the rate of a chemical reaction without itself undergoing any permanent chemical change.

In our case in order to be a Crypto Catalyst DeFi should increase the rate of the acceleration of the next bull run.

I personally think that it have all the properties to do so. It has a lot of attention, people are investing like crazy, and it actually can be really useful in the future.

Is this chart familiar to you?

![image.png](https://files.peakd.com/file/peakd-hive/resiliencia/4M7Nsq59-image.png)
[Source](https://defipulse.com)

Is the evolution of the total value locked in USD in DeFi.
It reminds me the last bull run mainly caused by ICOs all over the place.
And we all know what happened next...

Are all of this projects worth the amount of money they are getting?
Only time will tell.

Enjoy! 😊

<hr> 

![](https://files.peakd.com/file/peakd-hive/resiliencia/BwutU08E-icons8-twitter-48.png)   Follow me on [Twitter](https://twitter.com/ResilienciaHODL)
![image.png](https://files.peakd.com/file/peakd-hive/resiliencia/sJ4NeLbD-image.png) Follow me on [Publish0x](https://www.publish0x.com/@resiliencia)

👍 project.hope, crypto.piotr, ph-support, resiliencia, sbi5, adol, ronaldoavelino, ph-fund, sevillaespino, gandhibaba, drax, intrepidthinker, lagtvgames, ikrahch, davidke20, rativiv, world-travel-pro, syedumair, badstrategy, inri, chesatochi, bobby.madagascar, btcvenom, otage, e-r-k-a-n, maxwellmarcusart, happyphoenix, aekraj, olivera-despina, rawn, kimzwarch, sharkface, adityajainxds, marfonso, sames, emiliomoron, belkisa758, demondantv, cryptoxicate, ferrate, hiatus, trydice, diligent, x-tech, hattaarshavin, costanza, c4cristi3, elizacheng, byebyehamburgers, cyemela, chinyerevivian, alvinauh, zpzn, archisteem, aafeng, newton666, bstrail, pero1337, lyon89, bitrocker2020, alquimista1501, leir, janettyanez, unicron, and 18 others

properties (23)vote details (82)

voter	rshares	pct
adol	144,222,831,686	10%
btcupload	217,836,874	100%
happyphoenix	18,101,759,053	20%
olivera-despina	16,735,058,561	35%
chesatochi	33,352,077,276	100%
elizacheng	7,475,157,848	4.11%
hattaarshavin	7,832,649,906	20%
intrepidthinker	79,814,115,323	20%
sharkface	13,611,611,056	20%
sames	11,729,305,062	20%
world-travel-pro	42,021,791,752	20%
bitrocker2020	2,636,108,006	20%
btcvenom	32,184,347,113	20%
shebe	1,249,953,973	10%
madstacks	88,074,416	10%
resiliencia	194,263,735,684	100%
sevillaespino	95,905,371,793	20%
syedumair	41,479,767,554	20%
otage	29,014,007,787	20%
aafeng	4,094,148,640	15%
leir	2,377,936,459	50%
costanza	7,651,449,019	20%
kimzwarch	13,925,829,766	5.96%
drax	82,715,545,547	20%
davidke20	56,038,321,238	20%
alvinauh	5,453,160,016	20%
lyon89	3,113,104,869	100%
zpzn	5,350,832,037	20%
adityajainxds	12,277,936,740	50%
gandhibaba	83,842,696,746	20%
unicron	1,261,594,871	50%
ikrahch	63,819,019,311	20%
emiliomoron	11,516,663,154	100%
maikuraki	82,107,209	3.5%
rativiv	43,902,389,436	20%
rawn	16,247,429,996	20%
ronaldoavelino	128,795,602,638	20%
demondantv	10,828,054,530	14%
cyemela	6,831,459,007	35%
chinyerevivian	5,594,184,596	20%
crypto.piotr	1,190,010,621,163	50%
archisteem	4,528,667,943	7.16%
sbi5	190,704,888,935	52.52%
byebyehamburgers	7,285,429,047	20%
mrart	93,816,536	20%
alquimista1501	2,565,324,247	100%
luwak	97,165,800	20%
hiatus	8,754,871,808	20%
belkisa758	11,108,348,997	35%
bobby.madagascar	32,354,669,615	20%
marfonso	12,041,933,006	20%
cryptoxicate	10,295,822,656	20%
craignow	106,998,729	20%
janettyanez	1,578,471,259	17.5%
atnep111	623,219,583	35%
yroslav94	626,970,703	100%
lagtvgames	77,970,075,766	20%
ferrate	9,709,826,958	20%
e-r-k-a-n	26,214,436,623	20%
newton666	4,025,862,050	100%
c4cristi3	7,490,660,284	20%
x-tech	7,931,841,539	20%
trydice	8,371,680,835	20%
maxwellmarcusart	24,136,265,498	17.5%
aekraj	16,780,889,656	20%
tomlee	1,003,820,285	17.5%
project.hope	4,504,564,294,727	50%
linlee	487,292,432	100%
ph-fund	115,078,178,469	35%
hatta.dlike	255,044,078	20%
hatta.jahm	271,750,666	20%
inri	36,974,593,583	20%
irman	90,466,018	20%
kgsupport	390,910,825	10%
diligent	8,141,241,006	20%
pero1337	3,594,426,705	10%
thevpnboss	120,279,781	17.5%
hive-us	115,846,330	10%
bstrail	3,936,002,890	20%
trailmix	728,989,290	20%
ph-support	265,829,554,767	51%
badstrategy	38,784,903,234	20%

@newton666 · Aug 10 '20

Thank you for sharing your very interesting content, ignore this quality of a crypto catalyst, I hope its good results.

👍 resiliencia

`post_id`	87,035,060
`author`	newton666
`permlink`	qev6vn
`category`	hive-175254
`json_metadata`	{"app":"steemit\/0.2"}
`created`	2020-08-10 20:14:15
`last_update`	2020-08-10 20:14:15
`depth`	1
`children`	1
`net_rshares`	38,265,796,341
`last_payout`	2020-08-17 20:14:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	119
`author_reputation`	65,229,559,309,933
`root_title`	"🔥Total value locked in DeFi rises to 4 Billion!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
resiliencia	0 B		38,265,796,341	20%

@resiliencia · Aug 10 '20

Thank you!

properties (22)

`post_id`	87,035,376
`author`	resiliencia
`permlink`	re-newton666-qev8ha
`category`	hive-175254
`json_metadata`	{"tags":["hive-175254"],"app":"steempeak\/2020.07.1"}
`created`	2020-08-10 20:48:45
`last_update`	2020-08-10 20:48:45
`depth`	2
`children`	0
`net_rshares`	0
`last_payout`	2020-08-17 20:48:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	10
`author_reputation`	66,069,344,800,759
`root_title`	"🔥Total value locked in DeFi rises to 4 Billion!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@hardaeborla · Aug 11 '20

I really can't wait to start investing more in Defi coins. Defi has really been a game changer in the crypto space.

Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead
💕💕💓💕💓💕❤️

👍 resiliencia

`post_id`	87,039,665
`author`	hardaeborla
`permlink`	qevxhw
`category`	hive-175254
`json_metadata`	{"users":["hardaeborla"],"app":"steemit\/0.2"}
`created`	2020-08-11 05:50:15
`last_update`	2020-08-11 05:50:15
`depth`	1
`children`	1
`net_rshares`	38,764,056,104
`last_payout`	2020-08-18 05:50:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	226
`author_reputation`	67,955,126,024,974
`root_title`	"🔥Total value locked in DeFi rises to 4 Billion!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
resiliencia	0 B		38,764,056,104	20%

@resiliencia · Aug 11 '20

Thanks for the kind words!

properties (22)

`post_id`	87,044,955
`author`	resiliencia
`permlink`	re-hardaeborla-qewlcm
`category`	hive-175254
`json_metadata`	{"tags":["hive-175254"],"app":"steempeak\/2020.07.1"}
`created`	2020-08-11 14:24:21
`last_update`	2020-08-11 14:24:21
`depth`	2
`children`	0
`net_rshares`	0
`last_payout`	2020-08-18 14:24:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	26
`author_reputation`	66,069,344,800,759
`root_title`	"🔥Total value locked in DeFi rises to 4 Billion!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@mandate · Aug 11 '20

The way the DeFi is really growing rapidly is quite astonishing. I see them staying for a long time and who knows they might be the needed thing to create more exposure to the cryptocurrency world

👍 resiliencia

`post_id`	87,040,661
`author`	mandate
`permlink`	re-resiliencia-qew2ay
`category`	hive-175254
`json_metadata`	{"tags":["hive-175254"],"app":"steempeak\/2020.07.1"}
`created`	2020-08-11 07:33:09
`last_update`	2020-08-11 07:33:09
`depth`	1
`children`	1
`net_rshares`	36,676,380,619
`last_payout`	2020-08-18 07:33:09
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	196
`author_reputation`	139,458,324,919,574
`root_title`	"🔥Total value locked in DeFi rises to 4 Billion!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
resiliencia	0 B		36,676,380,619	19%

@resiliencia · Aug 11 '20

Yes, Defi is helping to create more exposure for cryptocurrency!

properties (22)

`post_id`	87,044,962
`author`	resiliencia
`permlink`	re-mandate-qewld7
`category`	hive-175254
`json_metadata`	{"tags":["hive-175254"],"app":"steempeak\/2020.07.1"}
`created`	2020-08-11 14:24:42
`last_update`	2020-08-11 14:24:42
`depth`	2
`children`	0
`net_rshares`	0
`last_payout`	2020-08-18 14:24:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	64
`author_reputation`	66,069,344,800,759
`root_title`	"🔥Total value locked in DeFi rises to 4 Billion!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@adityajainxds · Aug 11 '20

@resiliencia first of all vey nice information , this figure will be increasing as the the defi products are doing very good and are raising day by day let see were it goes.

👍 resiliencia

`post_id`	87,042,301
`author`	adityajainxds
`permlink`	qewail
`category`	hive-175254
`json_metadata`	{"users":["resiliencia"],"app":"steemit\/0.2"}
`created`	2020-08-11 10:33:57
`last_update`	2020-08-11 10:33:57
`depth`	1
`children`	1
`net_rshares`	36,537,341,107
`last_payout`	2020-08-18 10:33:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	173
`author_reputation`	221,592,754,272,343
`root_title`	"🔥Total value locked in DeFi rises to 4 Billion!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
resiliencia	0 B		36,537,341,107	19%

@resiliencia · Aug 11 '20

Thank you!

properties (22)

`post_id`	87,044,964
`author`	resiliencia
`permlink`	re-adityajainxds-qewldg
`category`	hive-175254
`json_metadata`	{"tags":["hive-175254"],"app":"steempeak\/2020.07.1"}
`created`	2020-08-11 14:24:51
`last_update`	2020-08-11 14:24:51
`depth`	2
`children`	0
`net_rshares`	0
`last_payout`	2020-08-18 14:24:51
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	10
`author_reputation`	66,069,344,800,759
`root_title`	"🔥Total value locked in DeFi rises to 4 Billion!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@chesatochi · Aug 11 '20

$0.04

The crypto space is so small compared to the traditional markets, I believe we have room for growth.

👍 resiliencia

`post_id`	87,042,908
`author`	chesatochi
`permlink`	re-resiliencia-qewd9d
`category`	hive-175254
`json_metadata`	{"tags":["hive-175254"],"app":"steempeak\/2020.07.1"}
`created`	2020-08-11 11:29:36
`last_update`	2020-08-11 11:29:36
`depth`	1
`children`	2
`net_rshares`	95,867,973,536
`last_payout`	2020-08-18 11:29:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.018 SBD
`curator_payout_value`	0.018 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	100
`author_reputation`	179,198,072,237,533
`root_title`	"🔥Total value locked in DeFi rises to 4 Billion!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
resiliencia	0 B		95,867,973,536	50%

@resiliencia · Aug 11 '20

There is a huge potential growth!
We are here to stay!

properties (22)

`post_id`	87,044,972
`author`	resiliencia
`permlink`	re-chesatochi-qewlea
`category`	hive-175254
`json_metadata`	{"tags":["hive-175254"],"app":"steempeak\/2020.07.1"}
`created`	2020-08-11 14:25:21
`last_update`	2020-08-11 14:25:21
`depth`	2
`children`	1
`net_rshares`	0
`last_payout`	2020-08-18 14:25:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	54
`author_reputation`	66,069,344,800,759
`root_title`	"🔥Total value locked in DeFi rises to 4 Billion!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@chesatochi · Aug 12 '20

Exactly. ;)

properties (22)

`post_id`	87,064,495
`author`	chesatochi
`permlink`	re-resiliencia-qez4j2
`category`	hive-175254
`json_metadata`	{"tags":["hive-175254"],"app":"steempeak\/2020.07.1"}
`created`	2020-08-12 23:13:51
`last_update`	2020-08-12 23:13:51
`depth`	3
`children`	0
`net_rshares`	0
`last_payout`	2020-08-19 23:13:51
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	11
`author_reputation`	179,198,072,237,533
`root_title`	"🔥Total value locked in DeFi rises to 4 Billion!"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000