HackerNoon Mobile

Better reading experience on the app
CEO Waykichain "Gordon Gao" Explores the Potential of Synthsby@eugenefried

CEO Waykichain "Gordon Gao" Explores the Potential of Synths

tldt arrow
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

The power of such protocols starts with TVL (TVL) as a measure of scale for a DeFi project. The value of collateral is the TVL, which is used to estimate scale of a project to a certain extent. DeFi’s locking of most assets is contrary to the essence of traditional finance. Most economic activities are impossible within the margin of the traditional credit system. Here comes collateral and ensures that doing bad costs more than the profit of each user. For a financial system to have high profit, its asset circulation has to be frequent.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - CEO Waykichain "Gordon Gao" Explores the Potential of Synths
Eugene Fried HackerNoon profile picture

@eugenefried

Eugene Fried


Receive Stories from @eugenefried

react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!