The EOS DeFi ecosystem

[crypto1010]

DeFi is a core aspect of the EOS ecosystem, with REX and Equilibrium collectively locking up a far greater portion of EOS than the portion of ETH locked by all Ethereum DeFi Dapps.

However, the EOS DeFi ecosystem is still premature as only 2 platforms dominate it entirely and overvaluation runs far. In fact, while Maker's MKR token is valued at less than 1x the worth of the ETH it locks, Equilibrium's NUT token is valued at 10x the worth of EOS it locks.

[Zed0X]

Oh well, another move by the EOS community to stay relevant and to be still in competition with Ethereum's DEFI huh? I personally do not support wallets that requires someone to deposit some coins or tokens first before they can activate it like EOS wallets. That, I think, is already a failure.