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Can you explain the concept of "DeFi Summer" and its significance in the cryptocurrency space? What were the key developments and trends that characterized this period, and how did it impact decentralized finance projects and the broader crypto ecosystem? Any notable events or innovations during this time would be appreciated.

Can you explain the concept of "DeFi Summer" and its significance in the cryptocurrency space? What were the key developments and trends that characterized this period, and how did it impact <a data-auto-add="True" href="/feed/faq/categories/Decentralized%20Finance%20Defi" rel="noopener noreferrer" target="">decentralized finance</a> projects and the broader crypto ecosystem? Any notable events or innovations during this time would be appreciated.

What is "defi summer" and what did it entail?

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What is "defi summer" and what did it entail?

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