Thursday, September 29

The only thing holding us back is us, “says Charles Hoskinson of DeFi’s future By CoinTelegraph

© Reuters. The only thing holding us back is us, “says Charles Hoskinson of the future of DeFi

The total locked value, or TVL, in decentralized finance protocols (DeFi) has soared to more than $ 250 billion at the end of 2021, according to DeFi Llama, with the most activity concentrated in. The fledgling DeFi industry didn’t go mainstream until the summer of this year.

While TVL’s valuations show the rapid growth of the industry, (ADA) founder Charles Hoskinson warned of the challenges facing DeFi. In a YouTube video titled “DApps and Cardano DeFi Alliance,” Hoskinson spoke of the potential of DeFi, as well as the small role that Cardano plays within the industry.

According to Hoskinson, who has been trying to transform traditional finance for a decade, developers and creators need to take a more long-term vision:

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Reply

Your email address will not be published.