TLDR
Cryptocurrency exchanges trade and promote thousands of tokens that have been dreamed up by former front end developers turned ERC20 evangelists. DeFi tries to solve these problems by allowing potential investors to park their pseudonymous funds with a handful of KYC-liberal custodians and watch the interest auto-deposited in their accounts. The usefulness of most of these traded tokens comes down to reduced fees in some future enterprises. Those promises rarely materialize to anything beyond a stale blockchain supported by a handful large investors.via the TL;DR App
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Written by evdmitriev | IT Security Engineer who built systems for the Bank of France, INTERPOL, Diebold, and Inca Digital.
