Thus, the DeFi services work in conjunction to work with one another, making it possible to mix and match different services to create new and exciting opportunities. Kind of resembles to use lego blocks and get creative with whatever you want to build, For example, you can build the following service from different money legos starting with a service for swapping a stable coin, trade on a DEX platform, and insure them, Ask for intCount ‘s services for such a DeFi compounds building and creation.
- Free for all
- Still in its infancy
- Hackers exploit existing loopers to steal money
- Some services are still partially centralized
To summit up, DeFi has reached its early adopter stage, and the coming years will tell if it manages to cross the mainstream adoption. There is no doubt that DeFi will radiate financial discrimination, high fees, and inefficiency in managing the funds.