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1/I think we will find in retrospect that decentralized lending protocols and their lending rates are of universal importance not just to #DeFi, but to the entire ecosystem.

I wrote a little bit about that here: blog.coinfund.io/crypto-borrowi…

I write about another interesting case...
2/#Layer2 is coming and in these networks we must capitalize state channel hubs in order to create throughput. This creates a substantial hurdle for running hubs & caps commissions.
3/Instead of locking capital, hub operators might leverage lending protocols to borrow it & increase throughput. However, the borrowing rate will inform the commission hubs will charge (and vice versa).
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