Posted 12/9/2023, 10:04:55 AM
DeFi's Potential and Hurdles on the Path to Revolutionizing Finance
- DeFi holds potential to revolutionize finance but faces hurdles like volatility, liquidity issues, complexity, and compliance risks
- Future DeFi trends include increasing regulation, institutional adoption, enhanced security, and improvements in scalability and interoperability
- Main challenges are volatility, liquidity shortages, product complexity, and legal/compliance uncertainty
- Solutions involve diversification, better incentives, simplification for users, tailored legal frameworks
- Nolus tackles liquidity and margin call issues, focuses on interoperability, user-friendliness, and stability