In this article, I will evaluate the potential of Ethereum Network which is dubbed to be the mother of Altcoins as well. Ethereum is also the epic center of decentralization after Bitcoin being the introducer of the new tech in the market. Well, most of the blockchains are working to enter roads to operate with the Ethereum blockchain. Currently, 3% of the

Ethereum is a lockdown on decentralized protocols while this is happening in the market when not many people are paying attention to Ethereum or crypto in general and we are age as a way from mainstream acceptance and adoption of crypto currencies just imagine what will happen when people start paying attention in a serious way to what is going on here and just the matter of time we're still early in the adoption curve and in spite of the relatively bearish trend that we've seen for Ethereum over the last two years the total amount of Ethereum locked and decentralized finance protocols has grown exponentially in that time.

In fact, we are quickly closing in on the 1 billion dollars worth of Ethereum locked up in decentralized finance milestone which obviously is very impressive but what is really interesting is this the daily amount of newly created as newly mined Ethereum it's currently around ten thousand eight hundred Ethereum a day. The demands for Ethereum to be locked into decentralized finance are currently close to eight thousand Ethereum a day that's nearly 75 percent of the total daily amount of newly mined Ethereum is sucked straight out of the markets and locked into decentralized finance protocols.

That's crazy man think about that for a minute and this is a time when no one is paying attention to crypto as soon as the number of Ethereum locked into decentralized finance surpasses the amount of etherium mine daily I really think we're gonna start seeing some very dramatic effects on the price of Ethereum.

Decentralized finance is absolutely blowing open the doors to a whole new world of crazy opportunities for financial success you can take permissionless loans versus your collateral you can use decentralized finance to be able to earn steady passive income in a trustless way by providing liquidity to protocols like uni swap or to kyber or you can just lend directly using something like compound finance then you have synthetics which is creating really just this whole new ecosystem of value with their synthetic assets and of course the derivatives
there's the no loss lottery where you put in a hundred bucks and somebody wins and if you don't win you get your hundred bucks back that's crazy stuff this only rewards the winners the losers you can just keep playing keep your money and Monday you might win
you also have insurance for smart contracts and just so so so much more it's wild what's going on in decentralized finance applications right now.