Why Defi Is Crypto Backbone
A lot of people may be thinking why people should really care about Defi, or why it is even there in the first place, because on a raw statistics, there's way more money in other sectors of the crypto economy than there is in Defi. That is, the rate of earning is extremely high compared to Defi. To be frank, this isn't fully analyzed without including the risk of where the big bag is.
Crypto would probably be dead if Defi wasn't existing, and there are many points to back this but let's look at one of the many reasons.
Sustainability
When it comes to crypto, many of what is being built is relatively high risk and a threat to anyone's financial security. This is because the Crypto markets are individually traded, thus, the fluctuations are indefinite. This makes trading a game of risk, and when we stop to really look at this sector, the big winners are often the exchanges offering these trading tools.
Mostly because they have an oversight of what trades are being carried out and so, can easily milk value from the market operations. This process however endangers individual traders and this is where DEFi comes in.
Defi is built for sustainability, it's a set up, solely designed to create a system of investments with sustainable income. Look at it as a decentralised banking structure, allowing you to deposit your value to create more value. Many people do not seem to realise that currently, building a great Defi platform is a BIG WIN Because it's literally the fall back sector when people just want to deposit their money and watch it grow without any extra effort from them.
Using Polycub As A Case Study.
In the past, people usually had their money sitting in their accounts doing nothing for them, but profiting the banking system in large quantities. We can see this selfish economy being pushed away with crypto innovations, and Defi as the centre of discussion today, is one of the biggest fields offering this empowerment.
Value isn't something to sit around, it's often better to utilize than keep dormant, and this is exactly where Defi changes in the system. It pulls in value, regenerates more value from this pre-existing value, then redistributes it.
Polycub does this so far in the most amazing way. We're looking at a platform that will storm the industry big time, because whatever it is that @khaleelkaz has been on, he really knows his way around the game of creating investors' dilemma.
It's difficult to ignore what is literally giving you numerous ways to be financially secured right? This is why people need to pay more attention to Defi, because this is where the new world economy sets off.
Posted Using LeoFinance Beta