I have to say, these issues bug me a lot with defi in general. Im not well versed in economics so things do go over my head a bit...and Im still in on xpolycub for sure, enjoying my airdrops....but what is the end game in all this? Do we have to rely on leofinance always building new platforms to keep offering previous coins more value (through airdrops and short periods of high apr?)? Or are we going to see any intrinsic value added? Or genuine utility? I recognise that the bridges are pretty awesome for moving currencies between chains... and maybe thats all it is and all it needs to be. I suppose as long as adoption of cryptos continues to grow, the utility comes from the direct exchange for goods IRL, and so these defi platforms just act as.... what?.... new age banks where we get improved access to the interest on our savings?
This is a cool concept, but at the moment it seems like a lot of uphill effort to keep hold of the value.
Is Defi just a new form of savings account where we can choose to work harder at our 'banking' in order to make more interest on our savings? Or is there a working vision for it to become more than this?
I am enjoying it either way, just wondering....