Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Pagla on December 08, 2021, 03:00:04 PM

Title: Is decentralization in the DeFi just an hallucination?
Post by: Pagla on December 08, 2021, 03:00:04 PM
DeFi or the decentralized finance industry has the potential to disrupt mainstream banks, as per experts. But the Bank for International Settlement (BIS) have deemed that the industry has a centralization issue and lawmakers should use that to regulate the sector. In a recent published quarterly review the bank highlighted the first of its five special features to discuss the decentralized and implications for financial stability. According to the report, the decentralized industry seeks to enhance the efficiency of financial transactions with automated contracts developed on blockchains. Notably, BIS revealed that there is a way from which lawmakers can enter in the industry.

DeFi requires centralized governance
According to the report of BIS, the DeFi industry has an unpreventable requirement for a centralized governance. According to Hyon Song Shin, BIS’ head of research, there is a limit to how far someone can run an entire financial system that is based on automated transactions. Hence, there would be events where the decentralized projects would need reorganization or judgment.

More Information (https://cryptonews.net/en/news/defi/2852079/)
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Judith_Lance on December 29, 2021, 08:41:40 AM
Imo it isnt hallucination.Decentralizaition has become more preferred among people and i also prefer too.I follow a lot of projects running decentralized like Deip.Deip is a creator economy protocol and Deip's creator economy protocol enables the discovery, evaluation, licensing, and exchange of intangible assets.
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Feraye_deniz on December 31, 2021, 06:49:40 AM
Imo it isnt hallucination.Decentralizaition has become more preferred among people and i also prefer too.I follow a lot of projects running decentralized like Deip.Deip is a creator economy protocol and Deip's creator economy protocol enables the discovery, evaluation, licensing, and exchange of intangible assets.
Deip is focusing on creative industries now and creating the most advanced decentralized protocol for the creator economy. :)
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Judith_Lance on January 01, 2022, 07:52:55 AM
Imo it isnt hallucination.Decentralizaition has become more preferred among people and i also prefer too.I follow a lot of projects running decentralized like Deip.Deip is a creator economy protocol and Deip's creator economy protocol enables the discovery, evaluation, licensing, and exchange of intangible assets.
Deip is focusing on creative industries now and creating the most advanced decentralized protocol for the creator economy. :)
I agree with you.By means of Deip decentralized creator platform, social media influencers and creators can sell their work online — from fashion bloggers to live-streaming gamers – as well as the businesses created around them.
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Mohammad_Gassani on January 03, 2022, 10:11:15 AM
I don't know if you've seen it, but I'm telling the people who spoke for Deip. Have you seen the DEIP airdrop?
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Judith_Lance on January 04, 2022, 07:40:49 AM
I don't know if you've seen it, but I'm telling the people who spoke for Deip. Have you seen the DEIP airdrop?
I have just seen yesterday and the airdrop is Total for airdrop: 2,000 USDT ,2 USDT each to 750 random participants.We didn't win the Christmas lottery, at least let's try this ;D
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Btclover on January 04, 2022, 04:44:33 PM
 I also prefer too.I follow a lot of projects running decentralized like Deip.Deip is a creator economy protocol and Deip's creator economy protocol enables the discovery, evaluation, licensing, :)
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Mohammad_Gassani on January 05, 2022, 07:45:24 AM
I don't know if you've seen it, but I'm telling the people who spoke for Deip. Have you seen the DEIP airdrop?
I have just seen yesterday and the airdrop is Total for airdrop: 2,000 USDT ,2 USDT each to 750 random participants.We didn't win the Christmas lottery, at least let's try this ;D
Although I am an unlucky person, let's go and try our luck :D If you're counting on your luck, the DEIP airdrop ends on January 8th. Don't miss it.
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Oliver_Hudson on January 06, 2022, 07:39:52 AM
I agree with you Btclover. It is designed specifically for intangible asset tokenization (in the form of F-NFT), governance (via DAO), and liquidity (via DeFi instruments and derivatives).
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Gianni_Aquinossa on January 08, 2022, 08:01:37 AM
DEIP has been airdropping for 1 week and the deadline is today. I was included in your talk but maybe you would like to join :D
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: ustcoin on January 08, 2022, 06:12:30 PM
Defi projects entered the crypto world seriously and were accepted. In the future, besides my metaverse and web3.0 projects, I think defi projects will do the job. However, it is useful to be careful, not every investment project is made.
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Vexana on January 12, 2022, 08:19:42 AM
DEIP has been airdropping for 1 week and the deadline is today. I was included in your talk but maybe you would like to join :D
Has the IDO of the DEIP project been done? I didn't see it in the market and it sounds solid ???
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Gianni_Aquinossa on January 17, 2022, 07:39:56 AM
Many people are waiting for the date of IDO for Deip. One of these people is me. I think it will be one of the only projects that will provide services in a decentralized way in the web3 field.
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Lukasz on January 20, 2022, 11:42:52 PM
Is we are in the discovery phase of the crypto expansion it is obvious that some will be failures and others will be successes i have not noticed any examples in the opening post of the thread of the possible centralised governance needs of decentralised finance
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Solrojo on January 24, 2022, 07:37:48 AM
Many people are waiting for the date of IDO for Deip. One of these people is me. I think it will be one of the only projects that will provide services in a decentralized way in the web3 field.

I agree with you.Deip is creating decentralized web3 platform for its users.I dont know when is IDO going to held but imo worth to wait.
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Pandora199 on February 01, 2022, 07:41:10 AM
I participated in DEIP' presale phase and I'm looking forward to IDO.While I'm waiting for IDO, I follow the developments in partnership. The team is working hard
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: dogdog on February 03, 2022, 11:29:58 PM
Mate,I'm using Bitay for trading and Bitay graphs says DeFi's are the most popular instruments atm. I'm always investing on trends and I never look back again
Title: Re: Is decentralization in the DeFi just an hallucination?
Post by: Swedishman on February 09, 2022, 07:00:41 AM
I follow projects that are established decentralized. Projects without such third parties started to attract more attention.I've been reviewing defi projects like deip and tokens for a long time and I don't think it's hallucination