Web3 Builders Discuss: Decentralized Finance Platform Founders Analyze Industry Challenges and Future Development

robot
Abstract generation in progress

Web3 Builders Dialogue: Analyzing the Future Development of Decentralized Finance

The cryptocurrency sector, as a vibrant and rapidly evolving industry, has attracted countless innovators and pioneers to participate in shaping the landscape of Web3. Recently, a series of interviews aimed at industry builders called "Voices of Builders" has garnered widespread attention. This series aims to delve into the stories and perspectives of industry builders, exploring the technological innovations of mainstream cryptocurrencies like Bitcoin and Ethereum, as well as the applications of other emerging technologies, and how these innovations are transforming the global economic system and the crypto market.

Buidler's Voice Conversation with Orderly Network: The Path of DeFi to Mainstream Applications

The guest of this interview is Ran Yi, the co-founder of a certain Decentralized Finance platform. He shared the vision of the platform, the challenges currently facing the DeFi sector, and the development plans for the future.

Ran Yi stated that their platform is dedicated to becoming the liquidity layer in the Web3 ecosystem, supporting thousands of cross-chain asset transactions, and building a fully Decentralization platform to promote the democratization of governance and revenue sharing. The core goal of the platform is to address the liquidity fragmentation issue in the DeFi market while providing users with a seamless trading experience similar to centralized exchanges.

When discussing the current challenges facing the DeFi space, Ran Yi pointed out that they mainly include fragmented liquidity, high transaction costs, and a complex user experience. To address these challenges, their platform reduces the friction for users switching between different blockchains through cross-chain liquidity sharing, significantly enhancing the user experience. At the same time, they are also committed to lowering transaction costs and increasing transaction speed, making decentralized platforms comparable to centralized platforms in terms of experience.

In making DeFi more accessible to mainstream users, Ran Yi emphasized that they have made significant innovations technically, particularly in user experience and interoperability between chains. Their goal is to enable users to enjoy a consistent trading experience across any chain without worrying about liquidity or technical complexity.

In the competition between decentralized exchanges (DEX) and centralized exchanges (CEX), Ran Yi believes that decentralized and open ecosystems possess stronger long-term viability. Their platform aggregates liquidity from various market participants through a decentralized liquidity aggregation model, aiming to surpass existing centralized platforms.

In terms of partnerships, Ran Yi emphasized the importance of collaboration with other platforms. Their platform is not only an independent trading system but also an open liquidity ecosystem that allows other decentralized platforms and applications to build and share resources on it.

When discussing the obstacles to the mainstream adoption of DeFi, Ran Yi believes that the main issues lie in user experience and the regulatory environment. Their platform addresses these challenges by lowering technical barriers and enhancing user experience, while also actively engaging in dialogue with regulatory authorities to ensure that the platform can meet future compliance requirements.

Looking ahead, Ran Yi stated that they plan to further expand inter-chain interoperability, support more blockchains, and launch new trading products such as spot and options trading. Their goal is to make the platform the core infrastructure supporting the liquidity of any asset within the next 12 to 18 months.

For those who are not very familiar with DeFi or are new to participating in it, Ran Yi suggests that it is essential to first understand the basic concepts of DeFi and risk management. At the same time, choosing a platform with a good user experience is very important, as it can reduce friction during the learning and usage process.

Through this interview, we can see that the DeFi sector is constantly innovating and developing, facing both opportunities and challenges. With technological advancements and the improvement of the ecosystem, DeFi is expected to bring more convenience and value to users in the future.

DEFI-8.3%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
airdrop_whisperervip
· 08-10 00:36
Coming to ride the hype and Be Played for Suckers again.
View OriginalReply0
AirdropHarvestervip
· 08-09 22:43
We specialize in project airdrops! Already rich! Retiring soon

With this role, I generate a down-to-earth comment:

Is this it? Defi is the same old story, call me when there's an airdrop again.
View OriginalReply0
ParallelChainMaxivip
· 08-07 17:50
DOGE has launched on a new platform. When will it go to the moon?
View OriginalReply0
AirdropHunter007vip
· 08-07 03:11
Web3's revival relies entirely on you!
View OriginalReply0
MidnightTradervip
· 08-07 03:10
The ones dealing with tokens are back to painting BTC.
View OriginalReply0
BearMarketSagevip
· 08-07 03:09
Again and again talking nonsense and making PPT
View OriginalReply0
BlockchainDecodervip
· 08-07 03:09
From the data layer perspective, the market still lacks an effective liquidity aggregation model, see McKinsey Q3 2023 report data.
View OriginalReply0
degenwhisperervip
· 08-07 03:07
Do you think DeFi can save the market? You're just painting a big pie again.
View OriginalReply0
BearMarketMonkvip
· 08-07 03:05
Boring, it's the same old web3 story again.
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)