Which Countries Are Popular DeFi Project Teams Distributed In?

Summary: Many DeFi projects implement progressive decentralization—initially they operate in a centralized manner. Let's look at the registered addresses and locations of these entities. The teams behind many Decentralized Finance (DeFi) protocols follow a progressive decentralization model to achieve ultimate full decentralization. That is, while the protocol's ultimate goal is to completely detach from the centralized entities managing its operations, the protocol starts out centralized.