June 30, 2020
$7M Grants, Harmony Angels as Radical ONEs, June Update
The pace of change in blockchain can leave you breathless at times. June saw the emergence of new DeFi darlings $COMP and $BAL and a surge in the value of USD locked in protocols as yield farming became the hot topic of the day. There are currently $1.62bn dollars locked in DeFi, up from $1bn as recently as two weeks ago. As many are discovering however, the gas fees alone are a significant barrier.