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In the world of DeFi 1.0, we seen many forks of Liquidity Mining Protocols, Decentralised Exchanges, Yield Aggregators, Lending Protocols. In just over a span of less than a year, we have seen many versions of SushiSwap, PancakeSwap, PancakeBunny, Beefy, AutoFarm and the list goes on, and now, or at least in the coming weeks, we would be expecting more forks of what is really trending at the moment; DeFi 2.0, Decentralised Reserve Currency Protocols.
The term “Reserve Currency” refers to a currency that is essentially backed by a Reserve, much like how the Central Banks manage their currencies using reserve assets, a Decentralised Reserve Currency Protocol
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