Derek🇨🇦🇨🇦

I think many people, especially in the XRP community, are confused about DeFi, what it is, some even saying it's a useless use case and offers nothing. Let's begin from the fact that DeFi is the core use case and fundamental value proposition of blockchain technology as a whole and the reason this whole thing started from Satoshi and later the XRPL creators that built the OG DeFi chain by introducting the first DEX, tokenization features, and more. DeFi is literally the #1 use case in crypto with the most TVL in the industry and crucial use cases such as decentralized exchanges, borrowing/lending, stablecoins, derivatives, and basically anything finance related. Sending and exchanging value P2P is basically the core DeFi function, so it's prerequisite for payments. And since AMMs have now been the standard DeFi use case and protocol for the past few years, with the increased liquidity and volume the AMM will offer, it also improves the payment use cases. And to people who are still confused, DeFi is an open financial ecosystem of apps that run on top of blockchain technology. The goal is to replace middlemen in traditional financial systems with automation. DeFi refers to financial services and applications that are automated and trustless. It's the #1 use case and will always be. And for that reason, XRPL's core use case and value proposition will always be DeFi too.

Don't sleep on #AVAX

Institutions, Enterprises, and DeFi users are all waking up to #Avalanche🔺 and its revolutionary technology. ✅ <1 sec finality ✅ Low fees ✅ Infinite horizontal scalability with Subnets ✅ Seamless interoperability ✅ In the forefront of tokenization, RWAs, DeFi, and gaming.