Hi, there and welcome!
MARTIN YOUNG, the author from CoinTelegraph published a research article about DeFi saying that Researcher argues that fixed-rate lending and borrowing would bring DeFi closer to traditional finance.
I believe that this whole content from Young's article is very important and interesting after all for every citizen of the Blockchain World.
Here is one of many amazing parts that you can find in the article:
The researcher highlighted a couple of DeFi protocols that are taking the fixed term approach to crypto borrowing and lending including Yield Protocol which went live on October 20. The platform has created a new type of token called ‘fyTokens’ (fixed yield), the first of which will be fyDai to enable fixed-term and rate borrowing/lending using the MakerDAO stablecoin.
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