Maple Finance, the future of on-chain institutional asset management?
Words: @defi_gaz, Castle Labs
, Compiled by Alex Liu, Foresight News
This cycle has been challenging for many. If there is one word to describe it, it is probably "extraction".
Crypto-native funds are moving at an unprecedented rate that can make even the most seasoned gamblers feel dizzy. Protocols do everything they can to roll out incentives to try to bring limited liquidity into their products, even if those funds only stay for a few days before the next hot spot emerges.
Meanwhile, Bitcoin's dominance has continued to climb since the November 2022 lows, largely thanks to seemingly never-ending institutional buying.
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