This is the best article I've read on the topic here. Thank you for sharing. I'd love see a history of defi from the author at some point. It's such an interest

This is the best article I've read on the topic here. Thank you for sharing. I'd love see a history of defi from the author at some point. It's such an interesting space, and the critics talking about how a use case for blockchain hasn't been discovered in 11 years seem to miss that defi is basically a fetus at this point. And real-world applications for blockchain tech outside of finance have yet to be conceived. For anyone interested in non-defi applications of decentralized applications, this talk by Vitalik Buterin is really good: "Things that matter outside of defi" (https://www.youtube.com/watch?v=oLsb7clrXMQ https://www.youtube.com/watch?v=oLsb7clrXMQ)