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DeFi’s quest to reimagine finance must come from a community-based design -Breaking

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Crypto is seeing a surge in new uses for liquidity mining and rewards via protocols such as Aave and Compound. A new generation of DeFi 2.0 protocol such as OlympusDAO, AlchemixAnd AbracadabraThey are looking for new ways to operate without giving up any token benefits.

Despite all of the innovation in decentralized crypto systems, these still fail to provide economic opportunities for those most at risk. DeFi, in its current state, is only open to individuals who are already able to access the financial system and have strong financial markets. DeFi’s growth has been driven in part by crypto degens.

Nikhil RaghuveeraCelo Foundation is his partner in innovation and strategy. He focuses on DeFi and real-world application cases as well as financial inclusion. He is also a Nonresident Fellow at the Atlantic Council’s GeoTech and GeoEconomics Centers. The Atlantic Council’s research interests include decentralized technology and how technology intersects with social inequality and oppression. Nikhil worked previously in economic consulting, non-profit management, and management consulting.