What we call 'DeFi' Today Will Just be Called 'Finance' Tomorrow by@ishanpandey
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1,204 reads

What we call 'DeFi' Today Will Just be Called 'Finance' Tomorrow

by Ishan Pandey9mOctober 25th, 2021
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Sovryn is a decentralized financial protocol built on Bitcoin, instead of the traditional ETH DeFi model. It allows its users to lend, borrow and leverage their assets natively on Bitcoin without sacrificing custody of their keys. Users have direct say in the governance of the development of the protocol using the Bitocracy system. Edan Yago is one of the earliest contributors to Sovryn and has been involved in Bitcoin since 2011. He believes DeFi will overtake CeFi in terms of wider use and become the dominant system.

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Ishan Pandey

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Ishan Pandey@ishanpandey
Building and Covering the latest events, insights and views in the AI and Web3 ecosystem.

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