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Bonus: The Crypto Story by Matt Levine - Part 6

Bloomberg Crypto

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Decentralized Financing and Tokenomics of DeFi

There are projects such as Goldfinch that do unsecured lending in DeFi. People propose potential borrowers, token holders consider them and vote on who gets the money. The business of DeFi is about reusing tokens as much as possible. Ionzi: It's kind of a self-inforcing cycle by which people make as much money as possible.

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