Daily Fintech Conversations

DeFi and its two core attributes

Originally published at: https://dailyfintech.com/2020/09/08/defi-and-its-two-core-attributes/

Efi Pylarinou is the founder of Efi Pylarinou Advisory and a Fintech/Blockchain influencer – No.3 influencer in the finance sector by Refinitiv Global Social Media 2019. MakerDAO was the dominant player in the DeFi market for a long time. It was a lending protocol with two tokens, a stablecoin coin pegged to the USD (DAI) and their protocol token (MKR). These were the days that the entire amount…