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Y Love & Y Fear DeFi

Written by @oceanfling | Published on 2022/8/15

TL;DR
Stablecoins will act as the de-facto risk balancer, moving towards Basket-backed – creating a supply glut for governance coins. Eth will be the dominant Crytpo cash currency moving forward, and Bitcoin will be its gold (Depending on the success of the merge) Coins such as Comp, Avalanche and UniS could become collateral kings and queens with overbearing responsibility. ICOs should go past the IPOs listed on TradFi (58,000) within the year. Crypto Selling will consistently decline slowly over time, leading to more stable prices and less volatility.

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Written by
@oceanfling
It's in the eyes Chico

Topics and
tags
defi|cryptocurrency|crypto|bitcoin|ethereum|decentralized-finance|decentralization|cryptocurrency-top-story|web-monetization
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: LXPPaIOrIeBmJDTK6j5YsjCtF_oMbpxKc3clTv5CqWg