Part 5/9:

One insightful commentary by Boon highlighted the impressive swap volume of Thorchain, a decentralized cross-chain liquidity protocol, signaling robust activity within the DeFi sector. The discussion further explored how DeFi products can enable users to earn real yield on their assets, especially during bear markets where traditional methods might not be as effective.

The Importance of Payment Solutions in DeFi

The practical application of DeFi will heavily depend on its adoption as a payment solution. The potential for merchants to embrace decentralized payment systems could reshape existing financial interactions, especially given that emerging solutions like Flexa offer lower transaction fees compared to traditional card processors (Visa and Mastercard).