Mike Dudas
are you giving the user pain medicine or a vitamin? feels like the pain medicine use cases curre...
233 days agoMike Dudasmdudas
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The failure of Tori (an app for 7% APY via Aave) suggests that simplifying DeFi access alone isn't enough for retail adoption. Current successful DeFi use cases are "pain medicine" solutions, addressing issues like high fees, slow transfers, native country inflation, and banking hour limitations. Investors should prioritize DeFi projects that solve these immediate pain points rather than just offering easier access to existing yield opportunities.

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About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol