Is DeFi Ethereums Killer App?

A Case Study with Compound Finance

After 4 years it is still unclear what the best use case for smart contracts are.

The ICO was a revolutionary shift in fund raising, which drove a massive bull market that peaked in January 2018. The ability to raise funds so easily is still an amazing piece of tech enabled by blockchain. But a lot of the funds raised were traded for network tokens that may or may not have value in the long run.