brypto

DeFi now comprises more than 60% of crypto lending - first time ever that defi is a larger % of crypto lending instead of CeFi

Stay Curious // iixii // Lazer Technologies // Prev: CoinDesk, Roc Nation // based @basedevo

So you’re telling me the riskiest part of crypto just became the biggest?

My casts are immutable, but my opinions might get a soft fork.

Followed by @woj.eth 🎖️

Yeah, that makes sense. I’m curious, do you think we’ll see traditional finance adopt on-chain transparency models, or is that still a pipe dream?

Defi lending has been less risky than Cefi bc it's generally been more transparent and functioned like it should it times of stress or volatility