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by RexetBlell 2177 days ago
Yes, and it’s growing fast. Look into DeFi https://defipulse.com/
2 comments

Defi appears to be the latest hype vehicle, but all it seems to actually provide is multilayered gambling and yet more finance-LARPing.

Good luck I guess.

It's permissionless access to financial markets that are guaranteed to remain running, and to operate according to the rules encoded in their smart contract, indefinitely.

Its properties make it enormously valuable for applications involving large numbers of people coordinating amongst each other.

Ethereum's DeFi has seen collateral increase from $750 million on April 1st to $2 billion today, so people are seeing utility in it.

I'm all-in on dogecoin, myself. Buy today! We're going to the moon!
I wasn’t talking about the price growing. I was talking the usage growing.