To achieve true mass adoption, DeFi must return to its P2P origins, empower people with permissionless interactions, and restore the transparency that early DeFi promised.
Opinion by: Jean Rausis, co-founder of SmarDex
Decentralized finance (DeFi) began with a clear vision: to enable a global, permissionless financial system built on peer-to-peer (P2P) transactions, free from the constraints of traditional finance (TradFi).
Early decentralized lending platforms embraced that vision by connecting lenders and borrowers directly, allowing them to negotiate their terms without TradFi’s rigidities.
