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What is the meaning of defi lock-in volume (how long can fil’s lock-in profits be raised)

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What is the meaning of defi lock-in volume (how long can fil's lock-in profits be raised)

What is the meaning of defi lock in quantity? Editor’s note: This article is from BlockBeats (ID: 0xCOCC), which is reprinted by the Daily Planet Daily with authorization The lock-in volume of decentralized financial protocols Compound, MakerDAO, and Aave has increased, but there are different development trends in the DeFi industry Compound is currently the most popular lending platform, with a total value of over $10 billion in assets lent, according to data from Defepulse. The four projects, MakerDao, Synthetix, and dYdX, have locked in a total asset value of $1 billion

With the increasing demand for Stablecoin in the market, the funds locked in DeFi are also increasing, of which Compound is a typical representative According to data from Debank.com, as of the time of publication, the COMP token price reached $5, with a market value of $478 million and a lockdown amount of approximately $368 million. SNX ranks second. The total amount of assets locked in DEFI reached 1.357 million, with a total market value of 1.47 billion US dollars So, from the perspective of COMP lock volume, what is the number of ETHs locked in DeFi? Let’s take a look together How much is locked in? According to Debank data analysis, the current lock-in period ranges from 7 days to 12 weeks, and the number of locked ETHs is calculated based on the proportion of ETHs locked in DeFi

If 2020 is the first year of the outbreak of Cryptocurrency, then the price of Bitcoin will also enter the bull market peak in 2017. But on February 19, 2021, when Bitcoin fell to around $60000, the number of Bitcoins locked in DeFi increased significantly, resulting in an increase of nearly 50% or more in the number of Bitcoins locked in DeFi So why is the BTC lockdown in DeFi so high now? Since the number of ETH in DeFi is the same as that of Bitcoin, and these money are circulated on the Ethereum chain, it can be understood that the mining rewards of Bitcoin are given to the Ethercoin locked in DeFi. Of course, this depends on the number of ETHs locked, which means that the circulation of ETHs will decrease during the day of locking, thereby affecting the locking time

In addition, in order to better understand Compound, we need to know the distribution method of COMP tokens. This does not include any specific tokens, which are mainly divided into three types:

The first type is the Stablecoin on Ethereum, such as DAI, USDT, etc. Some tokens anchoring ETH, such as WBTC, are the most popular Stablecoin in the market at present. It is designed to support transactions of various digital assets, such as Dai on blockchain networks such as Ethereum 2.0

The second type is the Stablecoin on Ethereum, such as USDK or PAX

How long can fil’s lock-in earnings be raised

How long can fil’s lock-in earnings be raised?

? Within less than half a year of being online on Filecoin’s main network, Fil’s total lock value reached $200 million. This indicates that the price of Fil is still relatively low and has not yet reached the point where it can meet this goal. So if we consider the current stock assets and the number of tokens in FIL, there will still be a good increase in the short term However, it should be noted that Filecoin prices have fluctuated too much recently, and not enough miners have participated in mining tokens. Therefore, people are not familiar with the risks of FIL and do not know how to calculate the current price of FIL. Instead, they adjust it through FIL’s token model.

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