How Decentralised is the DeFi sector?

Performance of the YFI token

Source: CoinGeko

2 min video — maybe the Decentralised Finance sector — DeFi is more centralised than you realise.

The Decentralised Finance (DeFi) sector has evolved to offer a range of financial services such as lending, borrowing, insurance, payments and derivatives. While some of the firms involved have been preaching and practicing DeFi for years such as…