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>every DeFi scheme is a money loser relative to just buying eth and waiting for a pump Maybe, until ETH never pumps again. Eventually the blue chip cryptocurr
by johnnyApplePRNG 5y ago
>every DeFi scheme is a money loser relative to just buying eth and waiting for a pump
Maybe, until ETH never pumps again.
Eventually the blue chip cryptocurrencies will find their fair price, and price swings of 10-20% in a single day will be a thing of the past.
DeFi DAOs like Curve Finance [0] (currently leading the DeFi pack in terms of Total Value Locked [1]) will generate income for whoever holds a CRV token... so long as the crypto trading markets exist.
Curve actually provides a service. They pool liquidity to enable larger trades with less slippage, and as such they're extremely popular.
The gas fees are not an issue either, as Curve works across 7 different layer 1 blockchains at the moment and I am sure that is bound to increase in the future.
[0] https://curve.fi/ https://curve.fi/
[1] https://defillama.com/ https://defillama.com/