DeFinition

From the perspective of current market, the biggest beneficiaries of DeFi are centralized institutions. This is not saying centralization is not good, but to say that when crypto geeks are complacent and thinking that decentralization is about to change the world, these projects that have received a lot of attention from the market still come from a bubble clustered by centralized powers. The decentralization that retail investors think is just another carnival of capitalists.

By a little inference, you will find that these decentralized products supported by centralized institutions have already been taken away with a low price by…