You can track a transaction but keep identity hidden. Even small investments can be made to a liquiditypool so anyone can be part of the system.
- The Blockchain structure - where DeFi is built - allow the technology to be really transparency. Itâs easier to audit - actually it can be audit in real time (compliance issues) -; also itâs an extremely inclusive technology the permissionless aspect of it makes it so democratic⌠i mean, the UX class proposed seems too high tech for me, i would say that itâs kind like a Social class, because itâs accessible (in the sense that never stops) but itâs also accessible in the social sense where everyone can access and participate of the network - this is really huge
Exactly! One can stake tokens as well⌠and get passive income⌠and itâs accessible. Itâs really mind blowing!
One benefit of defi is to bank the unbank, it give acess to financial market to nearly everybody on earth. Itâs a good way to give power to the people in opress country.
Signature of virtual assets.
liberty of choice, risk management for every pockets, higher APIsâŚ
It can easily weed out inefficiencies in the financial system brought about by human error and centralized info
Less corruption. Everything van be verified as it is transparent
Much better APR/APYs⌠you essentially have greater earning potential in liquidity you decide to deposit.
reduces govt control and gives more freedom and opportunities to the common folk.
Takes out the middle-men (banksters) who take a slice and allows the people to reap the rewards.
Gives more freedom of choice which ultimately benefits more people with services and options.
The DeFi markets should be far more efficient due to lack of middlemen and institutions that take their cut for facilitating transactions.
The coolness factor of sci fi money.
1 more benefit is that ROI can be 10x or higher than traditional banking services.
thanks for your breakdown,
it seems that offering these services to the public has upset the global banks, as we get more adoption and sanctions I think these will be the ups and downs of the market but over time I feel this is the future.
As Cefi = Anything can be Printed Out of THin AIr! (centralized)
Defi= YOu cannot!!(Decentralized)
Central banks are notorious for abusing the infinite money cheat code theyâve been granted to enrich themselves and their cronies and to advance their own political interests in a way that no one else can compete with (as everyone else has to content with finite resources). Many dream of a world where DeFi will evolve to take the place of these organizations, and new money will be created in a transparent, honest manner that is deemed by most to be in the public interest. If such a thing is possible, however, the path to get there will be very violent, as no one with such godlike power over the financial system would give it up willingly.
The people behind the Cardano project seem to be pursuing this most aggressively and with the most visibility right now.
DeFi allows for affordability in the sense that the financial services are affordable to everyone.
Because of how open source it is, there is ease in building and creating services
Tokenising games sounds pretty cool, and many people earn to play. I donât and probably wonât because Iâm not a gamer but the concept of combining fun with POW is a neat innovation.
Trustless
Transparent
Permissionless
No middleman
Private