DeFi仍是鲸鱼的专属？前5名地址竟能占总供应量的40％以上
```json { "translatedTitle": "Is DeFi Still Exclusive to Whales? Top 5 Addresses Actually Hold Over 40% of Total Supply", "translatedContent": "[This article was updated on August 7, 2020 on tuoniaox.com]\n\nAccording to analysis by Simone Conti, co-founder of DeFi Italy and head of digital asset investment at CryptoLab, token supply for most decentralized finance (DeFi) projects has not achieved widespread distribution.\n\nData he collected from Defi Pulse and Etherscan shows that nearly 90% of tokens for all DeFi projects are held by the top 500 addresses. For three projects, this figure even rises to 99%.\n\nAccording to charts shared by Conti, Compound is the \"most centralized\" project among the top 10 investigated projects (by total value locked), with 96% of total supply held by dozens of people among the top 50 holders.\n\nToken distribution of Top 10 DeFi projects. Image source: Simone Conti\n\nThe vast majority of DeFi projects have their top 5 addresses accounting for over 40% of their respective total supply.\n\nBancor is the only exception, but even so, the top 5 addresses still hold 33% of the supply. Conti noted that projects born before the recent DeFi boom have more widespread token distribution than those launched later.\n\nTracking token distribution is very tricky\n\nHowever, tracking token distribution remains a tricky task, as different analysts arrive at different numbers depending on the criteria for addresses to be included.\n\nSpencer Noon, head of DTC Capital, believes that Yearn.Finance (YFI) is one of the best-distributed DeFi tokens on Ethereum, with the top 5 addresses accounting for less than 10% of total supply.\n\nYFI: 9.5%. It's only 2 weeks old, but YFI is already the most decentralized #DeFi project ever.\n\nThis contrasts sharply with Conti's assessment, which considers YFI's top five addresses to account for nearly 60% of total supply.\n\nSource: 8btc News (ID: bitcoin8btc)\n==\nReceive the latest market information simultaneously with 110,000 people\nSearch \"Tuoniao Blockchain\" to download\nJoin Tuoniao community with 20,000 people\nAdd WeChat ID: tuoniao02\n\n---\nWith authorization from the editor-in-chief, all content from tuoniaox.com has been migrated to hashspring.com, and will continue to be published on hashspring.com going forward." } ```
```json
{
"translatedTitle": "Is DeFi Still Exclusive to Whales? Top 5 Addresses Actually Hold Over 40% of Total Supply",
"translatedContent": "[This article was updated on August 7, 2020 on tuoniaox.com]\n\nAccording to analysis by Simone Conti, co-founder of DeFi Italy and head of digital asset investment at CryptoLab, token supply for most decentralized finance (DeFi) projects has not achieved widespread distribution.\n\nData he collected from Defi Pulse and Etherscan shows that nearly 90% of tokens for all DeFi projects are held by the top 500 addresses. For three projects, this figure even rises to 99%.\n\nAccording to charts shared by Conti, Compound is the \"most centralized\" project among the top 10 investigated projects (by total value locked), with 96% of total supply held by dozens of people among the top 50 holders.\n\nToken distribution of Top 10 DeFi projects. Image source: Simone Conti\n\nThe vast majority of DeFi projects have their top 5 addresses accounting for over 40% of their respective total supply.\n\nBancor is the only exception, but even so, the top 5 addresses still hold 33% of the supply. Conti noted that projects born before the recent DeFi boom have more widespread token distribution than those launched later.\n\nTracking token distribution is very tricky\n\nHowever, tracking token distribution remains a tricky task, as different analysts arrive at different numbers depending on the criteria for addresses to be included.\n\nSpencer Noon, head of DTC Capital, believes that Yearn.Finance (YFI) is one of the best-distributed DeFi tokens on Ethereum, with the top 5 addresses accounting for less than 10% of total supply.\n\nYFI: 9.5%. It's only 2 weeks old, but YFI is already the most decentralized #DeFi project ever.\n\nThis contrasts sharply with Conti's assessment, which considers YFI's top five addresses to account for nearly 60% of total supply.\n\nSource: 8btc News (ID: bitcoin8btc)\n==\nReceive the latest market information simultaneously with 110,000 people\nSearch \"Tuoniao Blockchain\" to download\nJoin Tuoniao community with 20,000 people\nAdd WeChat ID: tuoniao02\n\n---\nWith authorization from the editor-in-chief, all content from tuoniaox.com has been migrated to hashspring.com, and will continue to be published on hashspring.com going forward."
}
```