Over time, there has been a steady growth of the blockchain space and, most notably, decentralized finance. Although DeFi isn’t new, the growth has been more aggressive since 2020, as can been seen from the chart below. The introduction of yield farming protocols and distribution of COMP — an ERC-20 governance token — that gives holders special voting rights, has indeed inspired a lot of conversations and hoisted DeFi’s stance in the blockchain industry.

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• Source: https://jonnyfry175.medium.com/defi-yield-protocol-the-massive-boost-yield-farmers-and-the-defi-space-need-200ecbeff2ac?source=rss——cryptocurrency-5