Poll: Investor Interest in DeFi Rises in 2021

42% of ForkLog’s annual survey “Bitcoin and Other Cryptocurrencies in Our Lives” have invested in the DeFi sector. Another 25.5% of respondents plan to do so.

34.5% have invested in DeFi tokens, 14% are engaged in profitable farming and almost 8% have invested in companies engaged in development in the sector.

In 2020, 25% of respondents announced investments in DeFi, and more than half said they do not know enough about the technology or do not trust such projects.

PancakeSwap became the most popular service in this sector in 2021. It is used by 26% of respondents.

Recall that the co-founder of the Chainlink cryptocurrency project Sergey Nazarov said that in 2022 the DeFi space will continue to grow due to the emergence of traditional banks in it.

What is Decentralized Finance (DeFi)?