One of the big catalysts of DeFi is the ability to earn high interest rates on capital; however, these prime rates have been falling down to more normal levels. TLDR: Supply and demand, most notable of stablecoins is the main factor here.
A fascinating and dramatic discussion thread where venture capitalists are pitching a “decentralized autonomous organization” (DAO) to participate in a funding round for the Sushi token - with Lightspeed Ventures, True Ventures, Polychain and 21 VCs in total. Never before has the struggle between capital and labor been publicly accessible for anyone to read with no emotions being held back.
This Startup Digest Reading List goes out to a wide membership base of founders, technologists, investors, and operators. Feel free to share with others, sign up here: https://startups.startupdigest.com/
Techstars Startup Digest Startups & Tech is curated by: