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Within the first quarter of 2024, roughly $43.8 billion, or 76% of the decentralized finance yield market, earned an annual share yield (APY) of about 5% in very low-risk contracts. Staking performed an important function within the resurgence of decentralized finance, bolstered by the Ethereum community’s transition to a Proof-of-Stake mannequin. The bridging sector skilled […]
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