πThe Solution: DeFi Done Right
Simple, Transparent, Cooperative, Stable
The best way to harness the potential of DeFi-DLT systems is to promote communication and transparency; restoring the practice of ο¬scal responsibility (the bankers βvowβ) and to partner with individuals with experience in ο¬nance, banking, business development and a history of ethical ο¬duciary management, who can help interface with policymakers to ensure regulation is not a burden but a critical layer of oversight.
Most DeFi projects that rely on emissions without action items and deliverables in real-world applications are essentially βPonzi-schemes,β using tokens in manners that reduce their possible value: i.e. applying animal, cartoon, food names to things meant to support an ecosystem meant for wealth accumulation.
Many ignore the legalities and circumvent accountability.
The potential for high yield blinds experienced users to these facts and encourages them to ignore the lack of βroadmap deliverables,β that are often not deliverables and are rarely supported by logical explanation and real-world application-use scenarios that explain the underlying potential of membership beyond the emissions schedule.
FATExDAO is different, and correctly aligns ESG, ο¬nancial diversity and inclusion, as philosophical drivers.
Last updated