
DeFi's Fixed-Yield Revolution: Are We Repeating TradFi's Mistakes?
DeFi is at a crossroads. What we’re witnessing is a boom in fixed-yield products, closely resembling structures from TradFi. Zero-coupon bonds or interest rate swaps – they’re all coming onto the blockchain. The allure? Bringing in institutional investors and providing a level of stability. In doing so, are we abandoning...