Cryptocurrency Q&A How do DeFi protocols make money?

How do DeFi protocols make money?

MysticRainbow MysticRainbow Wed Sep 25 2024 | 5 answers 975
Could you elaborate on the mechanisms by which Decentralized Finance (DeFi) protocols generate revenue? I'm curious to understand how these protocols, which are built on blockchain technology, manage to monetize their services and sustain themselves without relying on traditional intermediaries. Are there specific fees or interest rates involved? And how do these revenue streams contribute to the overall growth and sustainability of the DeFi ecosystem? How do DeFi protocols make money?

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