As ETH Prices Drop, DeFi Developers Remain Confident in the Ecosystem

Cointelegraph

Published Mar 13, 2020 03:18PM ET

Updated Mar 14, 2020 05:20PM ET

Thursday’s market meltdown left MakerDAO (MKR) with a $5 million hole that the project is now scrambling to fill. As this is just the latest in a series of hard blows to decentralized finance (DeFi) projects, some are wondering if the ecosystem can sufficiently defend itself.

Cointelegraph contacted a variety of industry experts and DeFi stakeholders to get their takes on the health of the decentralized finance ecosystem.

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