“The surroundings within the present crypto ecosystem vastly differs from the heyday of ICOs in 2018,” Singapore-based Danny Chong, co-founder of DeFi protocol Tranchess, informed CoinDesk. “Market maturity has pushed the necessity to set up stronger technological foundations to be laid which have enabled exchanges and DeFi protocols to offer a wide range of merchandise, with lending, bridging, and liquid staking skills, to scale back worth fluctuations.”
