Decentralized Finance, or DeFi, is a rapidly growing area in the cryptocurrency world. Has anyone been keeping up with recent developments in this space? What's your perspective on the potential of DeFi and the challenges it might face?
Recently I was listening to a podcast of two people who have been in the DeFi world for a long time and that commented on how the development was going despite the bear market, and said that although a lot of blocked capital had left the ecosystem, there were many developments and there were more and more programmers joining the development of the industry, which is a positive message within so much negativity that surrounds the ecosystem lately.
Personally, I have not been involved with Decentralized Finance or DeFi ever since I knew about its existence in the cryptocurrency world. I have some Telegram channel where they talk about it, I'm going to start giving attention to it and learn more about it.