lending, borrowing, staking, liquidity mining... bringing more value to crypto and hodling?
for now....
the birth of 'de-fi recipes' on brave, new automated trust networks....
where bitcoin is a payment network designed just for that purpose, with 'proof-of-work' providing the external value of time and energy to secure this open financial network. It gave anyone access. Can staking replace this (external) source of value effectively?
will these elaborate networks with their governance correctly align their code to truly create superior, effective networks?
or will they get undermined by short-term profiteering on them, diluting any underlying value in more and more complex zero sum l...