This week saw several project updates and important information from decentralized financial (DeFi), and decentralized application (DApp) protocols. Fireblocks has expanded its institutional access to Terra’s DeFi ecosystem and partnered with the Notifi network to improve the abysmal participation rates in governance votes.

We will also look into the Cointelegraph research into the ecosystem’s future and see if it can sustain the current growth. Samson Mow is an ex-executive at Blockstream who questions the DeFi ecosystem’s decentralized nature.