Will the future financial institutions become “coding factories”?
The ammount of funds locked up in “DEFI” grew to 4 Billion in 6 weeks, could this become a game changer for Finance?
“Defi” growing from 1 to 4 billion USD in 6 weeks
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Anything DeFi seems to be doing great, I think it will change Finance, I think cryptocurrency as a whole will change “money” how it is used and the wealth distribution.
There is inherent safety in larger values with DEFI vs regular exchanges. Plus without the requirement of any withdrawal values or government oversight the barrier for entry is literally zero. It’s overall a better system against centralized exchanges if it is able to get both the liquidity and ability for throughput.
Rewarding people who provide liquidity with the token to transaction on the DEFI also incentives whales to provide liquidity to the pool. Everyone can win in the system. Just need enough people on board.