How DeFi Can Stop Worrying About Maximalism and Love Bitcoin
thedefiant.substack.com
Hello defiers! Today Max Tarasenko of Soda Foundation, a platform that lets users borrow Dai against Bitcoin, makes the case that DeFi users shouldn’t overlook Bitcoin for two main reasons. First, historically, the biggest cryptocurrency’s return has beat the average interest rate earned on decentralized platforms. And second, the number of DeFi users is so small today, that it’s too early to focus on connecting lenders and borrowers. Instead, first on any team’s minds should be to grow the addressable market. And Bitcoin also fixes that ;)
How DeFi Can Stop Worrying About Maximalism and Love Bitcoin
How DeFi Can Stop Worrying About Maximalism…
How DeFi Can Stop Worrying About Maximalism and Love Bitcoin
Hello defiers! Today Max Tarasenko of Soda Foundation, a platform that lets users borrow Dai against Bitcoin, makes the case that DeFi users shouldn’t overlook Bitcoin for two main reasons. First, historically, the biggest cryptocurrency’s return has beat the average interest rate earned on decentralized platforms. And second, the number of DeFi users is so small today, that it’s too early to focus on connecting lenders and borrowers. Instead, first on any team’s minds should be to grow the addressable market. And Bitcoin also fixes that ;)