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How to Fix DeFi with Dan Elitzer
Bankless
The Benefits of Having Zero External Dependencies
The more off-chain dependencies you inject, the less DeFi something becomes. So what we're talking about is getting back to the core of DeFi by trying to reduce. I feel like we've become complacent somewhat a little bit in that we're like, ah, Oracle's work. And so we've been cutting corners. AMMs were what allowed it to break through. They improved usability given the constraints of low user base,. and just low throughput, high cost doing stuff on chain early on.
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