“Small changes accumulate, and suddenly the world is a different place.” - Tim O’Reilly We have witnessed so many ‘gradually, then suddenly’ movements in the technological space. World Wide Web, cloud computing, big data, AI and many other breakthrough technologies found very slow adoption rates in the beginning but now they are prevailing everywhere. Since the launch of Bitcoin, many advancements have happened in the blockchain field and decentralized finance or DeFi is one of them that found extra-ordinary adoption. The explosive growth of DeFi started in the summer of 2020. LP tokens and decentralized stablecoins were the first ‘money legos’ of DeFi and we got an alternative to traditional finance. The trustless nature and composability of the DeFi ecosystem gave it a strong platform to create subsets of emerging protocols rapidly. DeFi 2.0 movement is now trying to address the limitations of the first generation DeFi platforms by offering innovative liquidity provisioning and incentivization.