30,000-Word '2021' DeFi Industry Comprehensive Scan
DeFi is like a "fertile crescent" that has just begun to be cultivated, with various important innovations constantly emerging. We look forward to its expansion and conquest of traditional finance. DeFi is not a new term or concept, yet it shone brightly in 2020. Leading projects not only achieved rapid growth in their own value through model and product innovation, but also continuously drove industry scale to new heights. More importantly, DeFi brought breakthrough directions and new ideals to the industry, inspiring everything from underlying public chains to protocol-layer middleware to diverse application fields, enabling them to tell more coherent stories.