The Future Of DeFi - The Evolution

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All the new hype around CUB as of the last two days has got me excited and writing about DeFi more than any other topic. It's because the future of DeFi is bright and has the potential of being something huge. Some of the most notable DeFi platforms would be Sushi, Pancake and of course our at home CUB.

We don't really want CUB to be at the head of the pack. (At least in my opinion) Any crypto or platform that is heavily in the news is subject to attacks, FUD and worse off government intrusion. Yep, the government only goes after the big dogs where the dollar value is worth their effort. It's a way for the SEC to train their attorneys and also pick up some extra money. The SEC at one time had it's place however it's turned into a attack dog of the government as a way to train and bring money into the government to sustain the SEC.

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The Struggles Of DeFi

At the moment DeFi is still small. This time last year the market cap of DeFi was only 1 billion dollars which quickly came to power a few months later hitting a peak of 86 billion and falling to the levels we are at today of roughly 60 billion. This was in part to the crash but more so over the hacking, rug pulls and other scams that came with it.

This is a constant progression we see as crypto expands and moves forward. Much like in 2017 where every stupid coin and fake project was launched to get a few million in crypto which ended up crashing the market the DeFi space starting taking a similar shape. It's a highly volatile place at the moment as any new bred of money management should be. High risk is the possibility of high rewards. It's those moments that either make you or break you but doing your researching and investing in a company you believe in (for myself that's CUB and CAKE) you can somewhat limit those chances or feel good about making the best decision you did at the time based on the information you had at the time.

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The Future of DeFi

The future for DeFi is bright though. If we look back at the track records of crypto we see every 2-3 years it takes on a new life and a massive new rally pushing us to all new highs. DeFi has only had one of those such cases and it's been holding steady which to me feels like the base line primed and ready for the next rally. These current levels at 60 billion means we are 1/20th of the expected size of DeFi in the next year.

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DeFi Evolution

Since we are only a year old roughly in the DeFi space it's only been used in certain ways so far. Other new innovative ways will come such as KINGDOMS on CubDeFi - Kingdoms there are sure to be many more innovations to the DeFi space along with more security which will propel the space to new levels.

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