Defi Manual: Part 6 — Defi 2.0
Here are my previous series in case you wonder:
Defi Manual: Part 1 — Cefi vs. Defi
Defi Manual: Part 2 — Regulations
Defi Manual: Part 3 — Financial Weapons
Defi Manual: Part 4 — Market Manipulation
Defi Manual: Part 5 — Synergies
Defi has entered 2.0 already? Where is 1.0 anyway? This article is to explore what really is Defi and the debate between true Defi and Quasi-Defi.
True Defi — Defi Optimist
The true Defi has a breakthrough technological advance with new ways of pure decentralization financial system without custodial, a permissionless, open forum, clear rules of smart contract, anonymous, with high interest pay off and high profits. It will make everyone rich!
Quasi Defi — Defi pessimist
Quasi Defi is completely opposite to True Defi. It is a crime-prone financial scam that hackers easily stolen funds, scammers easily trick users, money launderers easily wash hands-off and many people losing their funds without any remediation.
Are we living in the Quasi Defi era?
It seems the news is always recover hacking and new scams that users lost their money.
