Bottom Line

The specific concerns regarding the existing decentralized finance models present various implications for users and developers. Apart from the basic answers for “What is DeFi 2.0?” it is important to look beyond and find out the possibilities for improvements. The basic objective of DeFi 2.0 with the improvements over existing DeFi 1.0 solutions is the resolution of setbacks with DeFi 1.0.

At the same time, DeFi 2.0 aims to fuel the growth of decentralized finance in the future. DeFi 2.0 resolves many notable concerns associated with existing DeFi models, such as scalability and barriers to access. On top of it, DeFi 2.0 solutions have the potential to introduce the actual ‘decentralization’ in DeFi services. Learn more about DeFi and how DeFi 2.0 is more relevant than ever.