3 ‘Weird’ DeFi Use Cases That Give Real Benefits to Users

3 ‘Weird’ DeFi Use Cases That Give Real Benefits to Users

Critics say DeFi is just a way to offer unregulated financial services
However, DeFi’s scalability offers several unique use case
More use cases will likely emerge in the near future

Decentralized finance (DeFi) is one of the bigger segments in the blockchain and Web3 industries. The nascent industry promises to build a financial system using the blockchain around an open, permissionless system.
As a result, DeFi has seen rapid growth over the past few years, with hundreds of protocols being launched and used by users for various financial activities.
However, many DeFi projects have mostly rehashed the same offerings from traditional finance. Some of these projects seem to focus on offering the same products outside the purview of banking regulations.
For that reason, many have called DeFi a new form of crypto-enabled TradFi. Hilary J. Allen, a American University Washington College law professor, calls DeFi the new version of “shadow banking.”
The term refers to fin

Czytaj więcej

We współpracy z: https://dailycoin.com/3-weird-defi-use-cases-that-give-real-benefits-to-users/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy