Babbitt SheKnows 丨 Pan Chao: DeFi better direction should be open finance, not limited to decentralization itself

On the evening of June 13, Pan Chao, head of MakerDAO China, said in the second half of SheKnows's second half that the current DeFi is a prototype of the money market on the blockchain, and the volume is not mainly due to the asset side. Except for Ethereum, few assets have strong decentralization and high liquidity. For decentralized finance to be adopted on a large scale, it is necessary to enrich the assets, and it is inevitable that the assets of the "real world" will be chained, such as gold, bonds and stocks. To a certain extent, this depends on traditional authorities, but it must take a step. That's why DeFi's better direction should be open finance, not limited to decentralization itself. Because decentralization is divided into degrees, and it is easy to fall into the ideological battle.