Defi: A Riddle, Wrapped in a Mystery, inside an Enigma

“A lot of the protocols seem to be wrapped around each other, DeFi wrapped around DeFi wrapped around DeFi—all the way down. And it’s hard to figure out exactly what the application is for people outside the space.”
– Bloomberg journalist Tracy Alloway, on the ‘riddle, wrapped in a mystery, inside an engigma’ impenetrability of decentralized finance’s logic and protocols

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