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From neglecting security to bad tokenomics, DeFi has played a hand in its own decline

Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered crypto market's decline.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

From neglecting security to bad tokenomics, DeFi has played a hand in its own decline

Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered crypto market's decline.

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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