ICYMI: these seven tokens changed the trajectory of DeFi in last bull run, analyst says
Pseudonymous DeFi analyst who goes by @DefiIgnas on Twitter has shared his"Top 7" innovative assets that reinvented decentralized finances in the last bullish run.The analyst summarized the most eccentric DeFi concepts the segment saw in the last years. For instance, Ampleforth introduced the"elastic supply" mechanism, a self-adjusting instrument for supply rebalancing driven by the interest in AMPL purchasing.
The Olympus DAO token also invited crypto fans to an interesting game theory experiment, allowing them to benefit from either staking, bonding or selling their riches. Initially launched as an incentive to provide liquidity to the Compound Finance protocol, the COMP token became the symbol of early"yield farming" dashboards.In turn, Curve Finance's CRV made yield farming more profitable for those who managed to stake it at the right moment. Yearn.Finance made headlines in DeFi Summer as it was airdropped for free to create a passionate community around an early-stage protocol.
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