Ethereum’s Killer Use Case, DeFi, is Far From Going Mainstream

Over the past few months, decentralized finance — best known as “DeFi” — has been branded Ethereum’s killer use case. Indeed, data from sites like DappRadar show that a majority of smart contract volume on the second-largest blockchain is related to many of these DeFi apps, which offer bank-like services to users. But, a series of recent issues with the budding DeFi ecosystem on Ethereum has thrown a wrench in that narrative, with these problems […]

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Author: toutiao