Anyone ever getting a bit nervous about the low, low tvlnon cardano defi compared to other chains ?
Even may chains w lower MC overall tank above ada. Cardano is ~32 on defi llama.
Thoughts ?
Two things will change this:
- the June and October hard forks (scaling elements like pipelining, new Plutus CIPs, UTXO on-disk storage, Hydra). More throughput, more scalability.
- a stablecoin, which is essential to grow TVL IMHO. I don't know the exact deadline for a solid stablecoin but I'm hoping it'll happen sooner than later.
Two things will change this: - the June and October hard forks (scaling elements like pipelining, new Plutus CIPs, UTXO on-disk storage, Hydra). More throughput, more scalability. - a stablecoin, which is essential to grow TVL IMHO. I don't know the exact deadline for a solid stablecoin but I'm hoping it'll happen sooner than later.
Other chains include locked staking and had defi for longer than 6 mos so no