Sometime ago, I was a newbie and I asked this question, but why are there DeFi protocols incorporated into this ecosystem.
But the answer was later made clear to me that the main reason for having needs for web3 is because of the barriers we faced in web2; where data?s are not owned and informations are bought by centralized entities which are used for their personal benefits.
But here, DeFi plays a lot of role in gaining us independence per se, where transactions and lending are carried out within chains without a third party.
But even as that sounds good, there?s still some flaws to that..and I don?t even much projects with such promises to solve this problem, though I read through the use case of $IN which enables Fee-sharing through staking, access to premium features (e.g., higher usage limits, fee discounts), voting on protocol upgrades and integrations.
Following the fact that in the past week, there has been quite some spot trading events which came with trending airdrops giveaways like the Alpha trading point competition, and the ongoing traders club championship where traders earn airdrops from taking part in this events.
i think the KAITO commumities will find it interesting if there is an event to reward them with the $IN airdrop. though Bitget offered up to 3.5M $IN airdrop in their candybomb event and i'm ceasing this opportunity to really stack these tokens.
How much do you think price will do in the nearest future?
Linkback: https://www.forex.zone/general-cryptocurrency-discussion/32/can-the-web3-space-survive-without-defi/4730/