Thread by @CryptoKohaku

What does the future hold for #DeFi 2.0, and what will it take to flourish during a bull market? 🔥

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#Crypto #Ethereum

As #DeFi industry continues to grow in popularity, so too does the need for comprehensive regulation.

Recently, Fed chair Powell spoke about the difficulties around transparency in DeFi ecosystem and urged for greater regulation to ensure a healthy future for TradFi & #DeFi.

Powell's remarks come at a time when #DeFi ecosystem is growing rapidly and beginning to affect more retail investors.

Although the recent DeFi winter wasn't large enough to affect global financial stability, it's still important to be aware of its potential implications.

#ETH

Appropriate regulations are crucial for ensuring that #DeFi can continue to grow and expand without putting investors at risk.

Powell's comments suggest that he remains optimistic about DeFi's future success, despite the current market pessimism.

The future of #DeFi lies in its ability to offer transparency and trustless interactions between users.

In order for DeFi to achieve mainstream adoption, we need to see an increase in user-friendly applications and dapps that offer a seamless experience.

We also need to see more regulation around the #crypto space in order to protect investors from potential risks (rug pulls, exploits, hacks).

Overall, the future looks bright for #DeFi as long as the community continues to build and innovate.

That's a wrap!

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