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Ethereum's Economic Boom, Yield Farming, and the Rise of the Smart Dollar

Oct 21, 2020Ā ā‹…Ā  2 min read

Q3 2020 was the most exciting quarter in recent memory. Markets heated up to their hottest point since the 2017 ICO boom. Billion dollar protocols emerged out of nowhere. Yield farms attracted hundreds of millions of capital flow in days. DEX volumes surpassed centralized rivals. There are two key developments over this past year that made this all possible: stablecoins and DeFi. In this Q3 report we dive into the historic quarter covering stablecoins, yield farming, and Ethereum's economic boom

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Ryan Watkins was a Senior Research Analyst at Messari. Previously, he worked at Moelis & Company as an Investment Banking Analyst where he worked on deals in the technology, telecom, and fintech sectors. Ryan graduated Magna Cum Laude from the Gabelli School of Business at Fordham University.

About the author

Ryan Watkins was a Senior Research Analyst at Messari. Previously, he worked at Moelis & Company as an Investment Banking Analyst where he worked on deals in the technology, telecom, and fintech sectors. Ryan graduated Magna Cum Laude from the Gabelli School of Business at Fordham University.