In September, an anonymous developer under the pseudonym Daniel Wood released the Sharktron ICO on the Tron blockchain. Ostensibly to create an autonomous and decentralized community to unleash the potential of DeFi on Tron. Simply put, Sharktron is positioning itself as a farming platform, a concept well known in the Ethereum blockchain.
Q3 2020, the best quarter in the DeFi ecosystem. According to the report, the third quarter of 2020 is the most impressive quarter for DeFi. The Ethereum network dominates the DeFi space, but the market share of TRON and EOS has also increased.
The total number of stablecoins in circulation has reached $ 20 billion, and the market value of USDC is $ 2.53 billion, which is 13% of the total number of stablecoins in circulation. The rise in USDC has brought Tether's dominance to below 80%, which has never been the case in the era of modern stablecoins.