The permissionless, collateralized fixed-rate borrowing and lending market restored operations in May and will now switch out user tokens worth $1.5 million.
To bring about much-needed evolution in DeFi, entrepreneurs will need to rethink business strategies to fit investors’ evolving expectations for more than quick returns.
Andre Cronje, the co-founder of Fantom Foundation and the ex-creator of Yield Finance, a DeFi protocol, disagrees with people who say DeFi is dead and the period of high yields is gone.
DeFi Is Not Dead
In a Medium on February 1, Andre agrees that th...