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 🎖️

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

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?

It'll be a mixed bag - some will, some won't