DeFi: code-driven future new finance

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DeFi has the potential to establish a new technology-based financial mechanism.”

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), Authors: Zhao Sheng, Zhao Yue, Jian Di, reproduced by Odaily with authorization.

In 2020, DeFi will be hot.

From 312 Black Thursday to the booming liquidity mining, it took DeFi more than three months to experience a "roller coaster ride".

"DeFi is being discussed and paid attention to now because DeFi has the possibility of promoting a new financial system. In other words, DeFi may establish a new financial mechanism based on technology," said Zhu, an economist and chairman of the Academic and Technical Committee of the Digital Asset Research Institute. Professor Jiaming said this when talking about DeFi recently.

It may be difficult for us in the upsurge to evaluate DeFi completely and objectively, and it is also difficult to imagine the "complete form" of DeFi in the future. Time and results will tell all about it. But what we are seeing now is that people are paying more attention and interest in DeFi, and DeFi is showing more possibilities.