CeFi Is Dead, Long Live DeFi | Vance Spencer & Michael Anderson
Bell Curve
00:00
Is a Five Percent Real Yield Really Going to Hurt Innovation?
The idea that a five percent real yield is really going to hurt innovation might be more reflection of the times where basically everyone thinks you need zero percent interest rates to fund anything or produce any sort of innovation. Most boom cycles in crypto are based on new token distribution mechanisms like icos and nft's so do you guys ever see a world in which we have this like rich ecosystem of defined native debt products? i think if you have um like 10 years at like 3 percent right now and your e-stake rate is at like six or seven percent that could lead to a huge boom across everything. I don't know there's a lot of factors that play into what actually happens
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