Recent All Time Highs from DeFi and yield farming tokens such as Yearn.Finance (YFI) and Maker (MKR), together with on-chain data from March and April show that demand for DeFi is picking up and analysts are wondering if the so-called "DeFi winter" is already behind us.
In fact, it seems that the hype towards yield farming platforms is growing, which could be the driving force behind the start of the next "DeFi summer".
1. Will the adoption by the institutions start the DeFi summer?
Cointelegraph reports that the recognition and need for DeFi by traditional financial institutions could be the catalyst to enable a second wave of capital inflows into the DeFi market in the coming months.
And we immediately find an initial confirmation of this analysis in the document published by Citibank on April 16: "Future of Money", which describes the advantages of DeFi to other fund managers.
2. Will the arrival of the bear market fuel a new flow of capital to yield farming platforms?
Some HODLers, traders and blockchain experts have already announced that their exit strategy will be to provide liquidity within decentralized exchanges (yield farming) using mainly stablecoins.
Do you think that theses are the first signs of a DeFi summer? When do you expect it to start?
For further info: https://cointelegraph.com/news/is-defi-yield-appetite-rising-again-enso-raises-5m-as-yfi-hits-new-highs?utm_source=Telegram&utm_medium=social
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