The biggest narrative in crypto isn't #RWA (Real World Assets) or #AI. It's actually Decentralized Finance #DeFi.
The reason most of us got into crypto is because of the ability to make lifechanging money & escape the legacy system. That's why Bitcoin was adopted.
$BTC gave us a dream and future to look forward to, but it's not without its drawbacks. It's slow, congested, and too expensive for day to day transactions. It's a great store of value, but doesn't have all the functions needed for true DeFi.
Prior to @base chain it was difficult to truly get into #DeFi for the average user because things were slow & just way too expensive. Plus users needed to make sure they had enough $ETH for gas, each transaction was averaging $7 in #ETH, again way out of reach for global use.
It's such a big hassle and for someone who's not tech savvy, its more than a huge barrier to entry.
Now thanks to @base's smart @CoinbaseWallet and recent upgrades, Txs are even cheaper and near instant, costing $0.0004-$0.01 per Tx. But even better, many Txs will now be free
With Magic Spend, protocols can sponsor gas fees to get rid of that worry for future users. We now also have biometric login without need to remember secret words.
Now even those who struggle with tech can easily be onboard into crypto and DeFi.
DeFi is finally ready for the masses. But why do I think DeFi is the next biggest narrative?
Because now with all these recent upgrades, we can finally onboard millions or billions of people onto DeFi and get them on the path of being financially independent. Continued: