While the market was quiet, something powerful started brewing: DeFi — Decentralized Finance.
Projects like MakerDAO, Compound, and Uniswap redefined finance without banks:
Lending & borrowing without intermediaries
Earning interest by providing liquidity
Swapping tokens in seconds
No paperwork. No permission. Just code.
By mid-2020, the “DeFi Summer” began. Yields were insane. New tokens launched daily. It felt like the early ICO days—but programmable.
It wasn’t perfect, but it proved one thing: crypto could replace TradFi.
Would you trust a smart contract with your money? 💸👇
