The U.S. Government Shutdown is Difficult Because Both Parties Have Already Calculated the Costs | Bee Network
Login熱門新聞AI 代理商Meme LaunchpadDeSci熱門鏈瀏覽器新人必讀衝百倍幣蜜蜂遊戲必備網站必備APP必關大神DePIN新人必備教我避坑基本工具深度網站交易所NFT 工具Web3宇宙遊戲DApp蜂巢增長平台生態Coins儲值登入Web3大學遊戲DApp蜂巢生態家分析分析懷亞特@web3U.S. Government Shutdown Storm Brews Again, Will Crypto Replay the Crash Script?The New York TimesThe U.S. Government Shutdown is Difficult Because Both Parties Have Already Calculated the CostsRelated: From Aave to Ether.fi: Who has captured the most value in the on-chain credit system?
Compiled by Odaily Planet Daily ( @OdailyChina ) Translator | Dingdang ( @XiaMiPP ) As vaults and curators gain market share in the DeFi world, questions are emerging: Are lending protocols seeing their profit margins squeezed? Is lending no longer a good business? However, if we shift our perspective back to the entire on-chain credit value chain , the conclusion is quite the opposite. Lending protocols still constitute the strongest moat in this value chain. We can quantify this with data. On Aave and SparkLend, the interest fees paid by the vault to the lending protocols actually exceed the revenue generated by the vault itself. This fact directly challenges the mainstream narrative that “distribution is king.” At least in the lending sector, distribution is not king. In short: Aave not…#分析# 加密#市場# 網路3上一篇
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