Ethereum co-founder: Expanding the Ethereum network will further improve the usefulness of DeFi-related services

Ethereum co-founder Joseph Lubin said that more than 20 million Ethereum accounts have been created since 2019, and the number of ETH locked in DeFi has increased dramatically, recently exceeding $ 650 million. The vast majority of DeFi users use Ethereum as the default collateral to handle various financial activities in lending, derivatives, payments and decentralized exchanges. In the medium and long term, efforts to expand the Ethereum network will further increase the usefulness of DeFi-related services.