#DeFi Definitely Isn't Dead.

I’ve seen a couple articles in the past few days about the death and decay of #decentralized finance (DeFi).

The impetus has been the recent issues in DeFi caused by an exploit and crypto founder who is a horrible risk manager. In short: The #founder of a prominent automated market maker (AMM) Curve Finance loaned out nearly half of the protocol’s CRV tokens on a few DeFi lenders, and was almost liquidated after an unexpected but somewhat predictable DeFi exploit depreciated the price of CRV.