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DeFi’s quest to reimagine finance must come from a community-based design

A more inclusive DeFi lending protocol can empower the unbanked and underbanked in ways traditional finance cannot.
Crypto has seen a rise in novel uses of liquidity mining and rewards through protocols like Uniswap, Aave and Compound. More recently, a new crop of DeFi 2.0 protocols such as OlympusDAO, Alchemix and Abracadabra are exploring new ways of operating without giving up token rewards. For all the innovations happening with decentralized systems in crypto, they are still failing to open new pathways for economic prosperity for the most marginalized. In its current form, DeFi remains open only to people who already have access to the financial system and live in countries with strong financial markets. This is evident by the fact that the growth of DeFi has been particularly driven by crypto degens. As DeFi 2.0 continues to grow, it needs to break free from the historical underpinnings of a financial system predicat

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We współpracy z: https://cointelegraph.com/news/defi-s-quest-to-reimagine-finance-must-come-from-a-community-based-design

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