Charles Hoskinson says DeFi is up in the air.
Good that means Hive will step in a take over. Wait until the SpkNetwork is unleashed.
It is going to be a fun race. Of course, the advantage is that Hive is already in the lead as compared to the other major chains that are in DeFi in terms of decentralization and distribution.
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That's why I try not to go too far from Hive when it comes to that. Cub is the exception but it is somewhat tied to Hive as well
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Cubfinance is easy to trust.
There is a lot going on in the DeFi world, many more levels to develop. However, we just need to keep pushing forward and making Cub one of the stronger players there is.
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Charles is right. He must be so happy to release Smart Contracts on ADA just in time.
Hive has an advantage of time and it has been battle-tested for more than 5 years I guess. Decentralization and distribution are going to be very important aspects in the near future and Hive is leading on these fronts.
Spk Network will definitely change the game for us. ✌
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Hive does have a lot going for it. We are going to see a major push forward over the next 6 months.
The bottom line is each layer of the ecosystem needs to grow and expand. The base layer is seeing the development. Hopefully the HAF, SpkNetwork, and #ProjectBlank roll out within the time frame I am looking at.
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But the DeFi that these business people and celebs support is "regulated CeFi "and not DeFi to be honest.
Yea we truly need actually decentralized Defi systems. If we did, we would only have to worry about hacks and nobody would have to worry about rug pulls or pump and dumps.
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