I appreciate that perspective here, but I disagree. The goal of everything built within the LeoFinance network serves two primary purposes:
- Serve great apps and bring value to existing users
- Grow the network
DeFi is definitely not for everyone (in fact, you can pull defi directly out of that word). It can be incredibly complex to navigate, especially for people who are not familiar with it.
Speaking from my personal perspective here: Over the past 6-10 months I have built a portfolio of DeFi coins and I am now participating in a wide number of pools in this space. More than 20% of my entire crypto portfolio is now allocated to DeFi-based blockchains/coins/liquidity pools.
With that in mind, I believe DeFi is absolutely here to stay. Just as buying BTC got easier with time, so too will DeFi.
Cub on BSC will be an amazing playground to teach our existing userbase how to use DeFi-based platforms to construct a portfolio of liquidity pools and incorporate the amazing qualities of high yield and deterministic risk into a well-rounded crypto strategy.
Will some people lose money to x, y, z reasons? Quite possibly. I think all of us have lost some money in crypto one way or the other.
The amazing thing about LeoFinance is that we're not a DeFi project. We're not even a blogging project. We are a blockchain-based community and we've already got some amazing applications under our belt. This means that if you don't want to do DeFi, that's perfectly fine. You can keep blogging, curating and engaging here on LeoFinance.io. Others will join you in that. Others will only do DeFi. Others will do both.
This got long winded real quick but I have seen a similar perspective shared elsewhere so I hope this can help to just outline the thinking behind LeoFinance's moves. We'll keep building applications and use cases with the above 2 goals at the core of everything we do. It's up to the users to decide which apps and use cases to participate in 🦁
RE: We Interrupt This Launch Day..