Global DeFi adoption happening soon: Interview with UNO.farm founder Roman Vinogradov
Decentralized finance continues to grow and develop despite the winterly winds blowing through the crypto space. As more and more users are turning to this sector for their investments, especially after the colossal events surrounding some of the biggest centralized exchanges lately, it is interesting to see what the future holds for DeFi.
According to UNO.farm founder Roman Vinogradov, DeFi will only grow and develop. The path for mainstream adoption will be clear as soon as the current crypto winter is over. Check out his thoughts in the interview below.
Q: What is still deterring users from switching to DeFi instead of using centralized exchanges?
Complexity. For most users, it’s just way too complicated and scary. That’s why at UNO.farm, we try to simplify DeFi for users. I believe we’ve built one of the easiest points of access to DeFi yields, and we continue dedicating ourselves to making things simpler while making the risks more transparent.
Q: How can DeFi become safer?
A knife only becomes safer once those who use it develop the skills for it and an understanding of its dangers. But the protocols themselves also become safer over time as the industry evolves. The uniqueness of DeFi is that the same vulnerability is rarely exploited again and again because the industry is very transparent and based on open-source code. Hence, every project gets to learn from the mistakes of others. This allows the security of DeFi protocols to evolve much faster than that of traditional systems.
Q: What, to you, is the most exciting aspect of decentralized finance?
Cryptocurrency democratizes money, and DeFi democratizes complex financial interactions between users. Not only can you now exchange crypto without any centralized service,
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