Escaping the Casino: How Tokenized Assets Will Save DeFi From Itself
Briefly

While DeFi may be promising, it is fundamentally limited and unlikely to drive the next significant wave of crypto adoption as intended.
Much of today's DeFi resembles a circular casino, primarily focused on token speculation rather than providing substantial financial services.
Despite its current phase, DeFi has established the ability to create a truly open and globally accessible financial system with essential services like payments and insurance.
To advance beyond token gambling, DeFi must broaden its asset representation and tap into the vast capital present in traditional financial markets.
Read at Coindesk
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