3 ms·
You can tokenize anything in concept- right now it's just crypto + small number of stocks. It's slowly building out a distributed version of Wall Street. That i
by rodiger 5y ago
You can tokenize anything in concept- right now it's just crypto + small number of stocks. It's slowly building out a distributed version of Wall Street. That is the value-add, and it doesn't need to do anything more than that for it to be revolutionary.
Loans in defi are over-collateralized right now meaning there's very little risk for the lenders. This will likely change as distributed identity/credit scores are implemented.
A couple examples of what's to come: https://cointelegraph.com/news/defi-s-critical-missing-piece-credit-scores https://cointelegraph.com/news/defi-s-critical-missing-piece...
https://medium.com/minaprotocol/snark-powered-defi-teller-builds-decentralized-lending-dapp-using-mina-5045d29cd403 https://medium.com/minaprotocol/snark-powered-defi-teller-bu...