Attention, crypto enthusiasts! 🌟 A new report from the Bank for International Settlements (BIS) questions the decentralization in DeFi. While they promise to democratize finance, liquidity providers in DEXs like Uniswap v3 are dominated by large players, leaving retail investors at a disadvantage. Is this a reflection of traditional markets? 🤔
Despite the criticisms, the BIS acknowledges fewer barriers in DeFi compared to traditional finance. What do you think? Let us know your comments!