58 Academy Live Room: Cash extraction in DeFi has high capital and expertise and industry impact.
Tonight at the 11th Academy Awards 8:58 am “DeFi at Carnival, is there depression in the old circle of economics and new finance?”, Vicky, CEO of Bull Market Finance , was invited to attend. in the broadcast room. According to Vicky, the extraction of cash in DeFi is a common phenomenon of the Ethereum blockchain and benefits from the provision of commercial products to DeFi through Ethereum. Usually, the first participants receive more money and the last participants receive less, creating a partnership, but the risk of deposits and withdrawals for minors is not very high. With current practice, it is nearly impossible to get the most out of micro-mining due to Ethereum's high fuel costs and disruptions such as portfolio management. From this perspective, the current mining of DeFi venture capital cannot be considered broad-based or open-ended capital due to its capital and technological processes. This would be due to the public extension chain and the continuous modification of DeFi products running on that chain.
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