Finance Redefined: DeFi party’s over, back to building now, Sept. 30—Oct. 7
cointelegraph.com
The Total Value Locked of Uniswap, Compound, SushiSwap, Curve etc. is only this high because new tokens are being constantly printed to subsidize it. There are two primary ways that DeFi can scale in the short-term: Ethereum layer two solutions and bridges to other blockchains.
Also, the liquidity bridge approach probably requires a sizable DeFi ecosystem on the other chain to be useful. One consequential, but perhaps overlooked news of this week was the discovery of live instances of miners using their power to extract value from the DeFi ecosystem.
Read in Full: cointelegraph.com