
The Broken DeFi Hypecycle
Post (1/3) — In this series I propose we are a year into a 5 year long ‘DeFi Hype Cycle’, likely made up of several mini-cycles, where the aggregate effect is a quadrupling of today's combined market cap and a doubling of the 2017 $600bn highs based on a sustained ‘mainstreaming’ of the industry.
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