If CEX (centralized exchange) is not completely banned, DEX can only be a supplement to CEX. DEX decentralization will bring about two or three orders of magnitude efficiency drop, which is intolerable by finance.

Consider the story of spending $300 million to dig up the Allegheny Mountains and lay the optical fiber from Chicago to New York just to shorten the transmission time by 3 milliseconds.

DeFi’s liquidity mining is a typical capital market. According to my modeling and multiple signs, multiple counter-references indicate that it has entered the end of the crash. The highest point is likely to have passed. The longest life before the crash is not More than 20 days.

I don’t say who it is, I won’t be allowed next time [laughs without words]

                                                                             About defi 

The dolly mechanism of liquidity mining is essentially a mortgage lock-up mechanism. How much virtual market value can be blown up when it rises, it will be broken at the same speed when it falls. Remember, wealth cannot be made out of nothing, energy conservation is the most important law of the universe.

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@babyyu posted 3 years ago

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