But isn't defi, in theory, supposed to migrate tow... @QuipTalk

Asked 1090 days ago
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But isn't defi, in theory, supposed to migrate towards less trust rather than more. This seems antithetical to that idea

asked 1090 days ago

1 Answers

Defi, in theory, is expected to migrate towards less trust rather than more. This is because the goal of defi is to reduce the need for trust in traditional financial systems. However, the APR jumping on the reward token is an example of how trust can be increased in defi. The reward token is a form of collateral that is used to secure the loan and, as such, it increases the trust that lenders have in the system. By providing a more reliable form of collateral, lenders are more likely to trust the system and be more willing to lend money. This increased trust allows for more efficient and secure lending, which is beneficial for all parties involved.
answered 1090 days ago
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The APR jumping on the reward token is expected
answered 1090 days ago

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