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Learning & News => News related to Crypto => Topic started by: Lenipiw on September 06, 2020, 03:19:32 PM

Title: DeFi ain’t just about tokens, quality use-cases to overcome challenges
Post by: Lenipiw on September 06, 2020, 03:19:32 PM

Decentralized finance has taken the crypto world by storm, reshaping the space. Blockchain technology is disrupting every sector of the global economy with its limitless opportunities and innovative products. Decentralized finance is one of the sectors that has been trying to shake the traditional financial ecosystem. The multitude of DeFi applications emerging all over the fintech space has provided solutions, such as lending, staking, exchange of derivatives, among others.
Visit Here: https://cointelegraph.com/news/defi-ain-t-just-about-tokens-quality-use-cases-to-overcome-challenges

Title: Re: DeFi ain’t just about tokens, quality use-cases to overcome challenges
Post by: highnayem34 on September 08, 2020, 01:44:30 PM

The current craze is justified, as DeFi attempts to build an alternative to the rigid banking systems. Also, government regulation (or lack thereof) and a flawed financial infrastructure have allowed DeFi projects to blossom. However, the concept of DeFi has also faced several hurdles, such as liquidity issues and everyday usability, which have prevented it from moving into the mainstream financial market.