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Decentralized Finance Currently Presents Higher Risk Than Return

Published 07/17/2019, 09:25 AM
Updated 07/17/2019, 10:41 AM
 Decentralized Finance Currently Presents Higher Risk Than Return

Yet another buzzword is making the rounds in the cryptocurrency space - DeFi, or decentralized finance. Roughly speaking, those are investment opportunities for the holders of crypto assets, often involving elaborate schemes of growth creation.

In 2019, the crypto space is mostly made up of insiders, who already own digital assets. Cashing out to fiat is still relatively difficult - and merely holding onto assets has proven to be less lucrative than in the early days of crypto. Altcoin holders may also find their assets illiquid and seek other sources of income.

One of the biggest DeFi organizations is Maker DAO (MKR), which creates returns by issuing the DAI stablecoin. But the DA...

This article appeared first on Cryptovest

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