The Evolution of Fixed-Yield DeFi: A Historical Context – NFTevening
The emergence of fixed interest rates and bond-like instruments in Decentralized Finance (DeFi) is not a novel invention. Instead, it’s a sophisticated re-engineering. It draws from established financial engineering principles of traditional finance (TradFi). This adaptation aims to give inherently volatile crypto markets predictability. It also seeks risk management capabilities. These have long been linked […]
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