7 Comments

Interesting view. I wonder if we will see a neat difference between DEFI and CEFI. So far DEFI has not been involved directly in the mess of the latest scams, just indirectly suffering the spill over. This is just my personal understanding of the actual situation. Would love to hear what you guys think.

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What do you think would be a sustainable APR on a DEFI protocol with auto compounding contracts outside of a bear market where the APR is coming from revenue due to actually using the protocol like Curve or Uniswap if 20% is clearly unsustainable?

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Nice piece. What are you thoughts on the influence of VCs and pre-sale investors? In legacy finance, users can't pump their bags, except indirectly from using/buying products and services, or perhaps as participants in later rounds or buying the IPO. In crypto, users essentially provide immediate liquidity for them to cash out as soon as their tokens unlock.

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