New technical writing blog from IOG DeFi Product Consultant Rusty (@__fallen_icarus)
The Seed of DeFi: Why the Future of Finance Must be Planted, Not Built
Rusty designed both the non margin credit market and the order book, and created prototypes for each to demonstrate they work.
Rusty’s core idea is simple. DeFi does not need more features. It needs the right foundation.
Start with three primitives:
• payments
• a non margin credit market
• an order book exchange
Blockchains already provide payments. The DeFi Kernel adds the missing pieces: the credit market and the order book.
Rusty believes this could become the killer dApp Cardano has been waiting for.
Read the blog 👇
iog.io/news/the-seed-of-defi-w...…
Disclaimer: Views are the author's. Not financial advice. Project timelines are estimates. Trading involves risk.