3 Cutting-Edge DeFi Platforms Pushing Innovation
While thousands of crypto platforms exist, only some are testing and implementing new capabilities. Here are a few innovators and what they are cooking.
Unfortunately, the DeFi space seems to have more scammers than builders. Having fallen victim to the most recent PenPie and DeltaPrime exploits, I have even reconsidered whether it’s worth keeping my crypto in the DeFi space.
If you’ve tried out new DeFi platforms, you’ve likely fallen victim to some rug pull, exploit, hack, or “developer error.” Conversely, DeFi opens us brave users to airdrops, attractive yields, and capabilities we can’t find off-chain.
For example, try getting a loan on BTC, ETH, or SOL in the traditional market. Unless you are Michael Saylor, it’s going to be pretty hard. And finding a 10% yield on a US dollar stablecoin is pretty easy in DeFi.
While I hate losing money to rugs, hacks, exploits, and human error, I am still attracted to the space because I know it will significantly grow.
Further, I especially admire and enjoy the creativity that some teams are doing to innovate the space. While most projects copy of ‘fork’ other platforms, some development teams are looking for new use…