DeFi

First Draft Club

Consumer Crypto

half baked thoughts: defi is for everyone 

for consumers, defi comes across complicated and often intentionally difficult gigabrain systems. but every person who uses money (spoiler: everyone) would benefit from transparent efficient decentralized financial systems. If it’s $50 or $5000, a person can earn yield on it (which I bet would at least double the savings rate offered by any given bank), which would get them a “free” coffee once a week, cover monthly gym membership or a hypersub or someone could finally afford to buy a long-desired artwork. We need more “earn” sections in wallets and simple front ends that would abstract the complexity from users. We need more protocols (like @morpho 🫴🦋) that lets anyone build on top of it while benefiting from the underlying tech and liquidity. 

consumer-friendly defi, who’s building this?

defi is for everyone -> defi is everywhere

you'll attract only a few users to the ecosystem by telling them to stake tokens for yield, but you'll attract everyone if defi is integrated into any onchain experience they have

in any wallet where you hold assets, those assets can automatically start earning yield for you

think about it:
- get on /firstdraft and earn while writing
- get on @bracketgame  and earn while betting
- get on @zora and earn while minting
- get on @supercast and earn while casting
- etc

i know we aren't there, but that will be a huge unlock

https://supercast.xyz have fun on farcaster

Live The Game. Real-time, immersive social markets for sports & live events. /bracket

researching onchain | writing tomu.xyz founded overgie.com mintgate.io | nf.td/tomu

maxxing on /morpho 🦋 | pursuing a higher self w /higher-athletics | consistently curious

oh, by "earn while" i meant this, make it work for you (besides what you can already earn today in some apps)

Major yes. Now when you’ve earned it, make it work for you

even more so when defi is integrated in infra and consumers don't realize they are using it. This is when we win