Saw Vitalik’s tweet where he talks about DeFi yields just recycling crypto cash, mainly through trading and borrowing. He’s concerned that this limits growth since it’s so dependent on Ethereum’s success. He’s looking for more sustainable sources of yield from projects that think outside the box.
🎭 The cycle’s vicious:
• OGs manipulating the system
• Short-term rewards mainly benefiting insiders (remember the EigenLayer airdrop? Tons of hype, insiders won big, loyal users got less. Feels off, right?)
🌱 Now, imagine a new kind of DeFi, inspired by TradFi’s long-term vision. That’s where @bracket_fi comes in - and I’ve been telling you about them for months now. They’re fully focused on sustainable growth.
🔍 Spotlight on Bracket:
- Wall Street and Binance-backed
- Integrating DeFi with TradFi, focusing on long-term success over quick gains
- Introducing an LST protocol to revolutionize revenue and liquidity farming
- Lets users leverage LSTs for yields while keeping ETH exposure
IMO, now’s the prime time to keep an eye on Bracket since they’re still in the early stages.
🪂 If you’re keen to stake and potentially qualify for an airdrop, here’s my referral:
