DeFi Promises A Free "Launch" But Everybody Knows That There Are No Free Lunches

Written by noprofile | Published 2020/10/17
Tech Story Tags: cryptocurrency | defi | crypto | market-making | network-mining | microtasking | blockchain-games | defi-top-story

TLDR Most DeFi (decentralized finance) projects promote a fair launch where participation is designed as a transparent process where everyone is playing along with everyone else (even the founders) Being part of the ecosystem comes with a price, literally. DeFi projects incentivize market makers to join their ecosystem by rewarding tokens to their market participants. There is no riskless profit or as it’s usually called ‘free launch’ when it comes to DeFi. There are a few exceptions where you can start earning tokens with zero financial investment.via the TL;DR App

no story

Written by noprofile | This profile doesn't exist.
Published by HackerNoon on 2020/10/17