**2021 had witnessed an impressive growth in the value of BTC and altcoins, and the total capitalization of Crypto market once reached an ATH threshold of $2,500 billion in November.**

### THREE REMARKABLE RECORDS (according to Coingecko statistics)
- Total DeFi market capitalization has increased by 7.5 times, from $20 billion to $150 billion (ATH: $174 billion in November 2021).
- DeFi's market share has doubled from 2.8% to an ATH of 6.5%.
- Total Value Locked (**TVL**) in Defi has increased by 13 times, from 18.7 billion USD in January to nearly 250 billion USD in December. 
- The emergence of new **EVMs** (Ethereum Virtual Machines) - such as Cronos (CRO), Aurora (AURORA), and Boba (BOBA) - has rapidly increased demand for DeFi tokens on these Blockchains.

### HUGE CYBER ATTACKS
2021 was also a tumultuous year for the DeFi market, with a total loss of approximately 14 billion USD to cyber attacks targeting security holes of DeFi projects.
- The biggest attack occurred in August 2021 on Poly Network, causing up to 611 million USD in total damage. This is also regarded as the largest DeFi hack ever in cryptocurrency history.
- The platform based on Ethereum Blockchain - Compound ($COMP) - was also a victim of these hackers with 147 million USD worth of token $Comp stolen before the error in the reward contract was discovered.
- Polygon also lost $1.6 million as a result of a technical bug discovered in the Genesis Proof-of-Stake (PoS) contract, which used to put $9 billion in $MATIC at risk.
- Other platforms have faced consecutive attacks in 2021 includes: Cream Finance ($CREAM) with 3 attacks & THORChain ($RUNE) with 2 attacks being exploited via security loopholes.

### THE RISE OF ALTCHAINS
- In 2021, users flocked to alternative Blockchains because of the outstanding advantages they offer, such as low transaction fees & fast transaction processing speed which can reach thousands of TPS. 
- Incredible growth rate: 10,000% in just 1 year of 4 following coins: Fantom ($FTM), Terra ($LUNA), Solana ($SOL), and Polygon ($MATIC). Fantom marked the highest YTD level among all, with a total of 14,279%.

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ANNUAL SUMMARY: DEFI HIGHLIGHTS

3S Wallet is a financial tool supporting individuals or organizations to hold assets, spend, and receive cryptocurrencies. Being aware of difficulties incurred when using digital wallets on the market, BHO Wallet offers solutions to optimize users' experience by developing superior features such as: personalization, security warning, simple interface. Hence, 3S Wallet promises to bring a completely different experience, while meeting users' needs and solving complications for more than 70 million investors in the market.\n
BHO Wallet is one of the key products to complete the ecosystem of BHO Network with the goal of supporting easy and safe transactions, as well as generating more financial opportunities for the BHO Network investor community, and the crypto em in general.

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3S Wallet

BHO Pad is a platform to support blockchain projects in building their own community, thereby helping them to raise capital. BHO Pad is a comprehensive solution for blockchain projects in raising capital, providing high-tech human resources, and consulting on marketing strategies.\n
BHO Pad was developed based on BHO Network's own successful fundraising experience, with 03 rounds of IMO (Public Sale) sales reaching more than 1 million USD in less than 40 minutes, especially the 3rd IMO round sold out in just over 30 seconds.\n
In addition, BHO Network has an expansive network of media & social networking communities in more than 20 countries and territories and more than 10,000 media partners that include news sites, communities, and KOLs.\n
With more than 100,000 members of the BHO Network community and the monthly website traffic of over 500,000 times, BHO Pad can be the door to help blockchain projects come closer to the community, thereby accessing and interacting with potential investors more easily.\
BHO Pad is one of the core products in the BHO Network ecosystem, aiming to support and accompany Vietnamese blockchain start-ups.

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BHO Pad

A sovereign chain based on the Substrate architecture, an established blockchain platform in terms of resilience, performance, and security. BHO Chain employs the Nominated Proof-of-Stake (NPoS) system rather than the traditional Proof-of-Work (PoW) approach, resulting in a performant, green, and energy-efficient consensus mechanism. The BHO Chain is entirely open source, developers easy to build products & dapps on network.

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BHO Chain (BHC20)

BHO DEX is a decentralized exchange that enables online peer-to-peer cryptocurrency transactions.\n
BHO DEX enables projects to generate their own tokens on multiple chains, which facilitates trade and eliminates the need for multiple DEX, which results in increased risk in management.\n
With BHO DEX, end users may simply swap their tokens across several networks at a lower cost than with other DEX.\n
BHO DEX is a strategic product that leverages the high speed and cheap gas fee of BHO Network to accelerate the growth of users and dApps projects inside the BHO Network ecosystem.

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BHO DEX

BHO NFT Marketplace is a digital commercial platform connecting buyers and sellers to provide optimal services and experiences for users when trading NFT and GameFi products.\n
With the priorities of safety and ease of use, NFT Marketplace will provide a solution to help the exchange and purchase process be transparent and fast with NFT authentication tools while helping sellers to easily setup customisable stores. NFT Marketplace is the ideal platform to connect NFT and GameFi users with a community of creators, designers, and collectors of digital art publications.\n
NFT Marketplace is one of the four key products of BHO Network in its development roadmap in 2022, creating the premise for transparent and convenient trading and buying based on blockchain technology.

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BHO NFT Marketplace

Products

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BHO Token is a non-inflationary asset and is always deflationary over time. BHO Network is a Multichain ecosystem governed in a decentralized form (DAO), inside it are CeDeFi products built and used with $BHO Token.

BHO Token Deflationary Asset for CeDeFi Ecosystem

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Our Staking Rewards event is [live](https://sale.bholdus.com/)! More information [here](https://bholdus.com/blog/article/bholdus-launches-staking-rewards-event-offering-up-to-50percent-interest)!