Bitcoin has recently reached an all-time high. Some will refer to the relative maturity and increased liquidity of the market, which means that a large number of transactions can now be made without causing excessive market volatility. Others will mention the unusually high volatility, high returns and so on of this asset class (more likely to have extreme values than the stock market). The background of bitcoin and its limited supply (somewhat similar to digital gold) have also been highlighted, making it increasingly attractive in a world of inflated asset prices and runaway monetary and fiscal policies.
It is a good starting point for investors to distinguish between cryptocurrency (especially bitcoin) and decentralized financial products. So far, most institutional investors are only interested in holding bitcoin (or bitcoin futures), and few investors will get involved in more exotic defi products.
Today, let’s take a look at a strange kind of defi product.
Keep the market interested: defil may have done it
However, defi is still in its infancy, and liquidity is still too weak compared with more mature asset classes. In order to ensure the market’s interest in defi products, both the asset layer and the application layer need more transparent application scenarios and real needs.
After the main network of filecoin went online, because fil itself has the application scenario of storage mortgage, the market fil has been in the stage of short supply. This gives the market a new opportunity.
As the first booster of the development of filecoin ecological network, the defil platform has already announced its extraordinary road to defi.
One solution is a protocol. Defil.org is based on Filecoin Project, committed to creating a FIL Ore pool and mining DeFi The main purpose of the decentralized platform is to increase the liquidity of fil and solve the problem of demand for pledge money of fil miners, so as to promo