TLDR
DeFi is an ecosystem by which various financial products become available on public decentralized blockchain networks. DeFi makes these products open to anyone and users do not have to go through financial intermediaries such as brokerages and banks. Two major trends pushing DeFi out of its comfort zone: LaaS and Second-Order Protocols. Liquidity as a Service (LaaS) providers are there to help protocols solve their addiction to liquidity mining. DeFI 2.0 protocols bring more efficiency in holding assets on their balance sheet and deploy stablecoins, liquidity, incentives, and assets.via the TL;DR App
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Written by kadeemclarke | Head of Labs @ Momentum 6 | Tech Entrepreneur | Blockchain Investor | Car Enthusiast | Ask me about crypto and NFTs
