Welcome to Finance Redefined, your weekly dose of necessities decentralized finance (DeFi) insights – a publication designed to convey you probably the most vital developments from the previous week.
After a bullish April, Might was one other month of exploits, rug attracts and hacks, bringing uncertainty again to DeFi. Final week’s most necessary main marker was the Multichain Protocol. The delayed improve of cross-chain DeFi protocol nodes created a spiraling affect and prompted its token worth to drop by 30%.
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