🎆 #DeFi: Is #decentralized #finance resilient to the collapse of #FTX? Short answer is, Yes.
💵 The large financial contribution of FTX, #Alameda, and Sam #Bankman-Fried himself in the various #Solana protocols naturally spooked users. As evidenced by the exodus of funds in recent days and reflected in the collapse of the #SOL price
https://medium.com/veniceswap/defi-is-decentralized-finance-resilient-to-the-collapse-of-ftx-short-answer-is-yes-cd9e66b6d7f4
💵 The large financial contribution of FTX, #Alameda, and Sam #Bankman-Fried himself in the various #Solana protocols naturally spooked users. As evidenced by the exodus of funds in recent days and reflected in the collapse of the #SOL price
https://medium.com/veniceswap/defi-is-decentralized-finance-resilient-to-the-collapse-of-ftx-short-answer-is-yes-cd9e66b6d7f4
Medium
DeFi: Is decentralized finance resilient to the collapse of FTX? Short answer is, Yes.
Decentralized finance (DeFi) has been one of the sectors that has grown stratospherically during the 2021 bull market by offering a myriad…