How is DeFi devouring traditional finance?
It’s true that DeFi is transforming the financial sector. As a result, traditional financial firms such as major banks and hedge funds have been scrambling to achieve greater exposure within the space. With some central banks even beginning to warm up to the idea of CDBCs and stablecoins. It seems evident that the ideals and principles of the blockchain community are gaining more acceptance amongst traditional firms, possibly as an inevitability of their continued existence.
Disruptionbanking.com has published a huge article about how DeFi disrupts the market, and we are excited to share it with you: https://disruptionbanking.com/2021/07/06/how-is-defi-eating-traditional-finance
Also, check out www.ampt.tech to explore our high yield/low risk liquidity mining pools and staking opportunities.
Amplify, the sustainable defi platform.