LEWIS 6 months ago

How is DeSo Contributing to the Future of Decentralized Finance (DeFi)?

What role does DeSo play in the evolving landscape of decentralized finance?

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Answers (1)


DeSo is contributing to the DeFi landscape by extending the application of blockchain technology beyond traditional financial transactions to encompass social media interactions. This expansion demonstrates the versatility of DeFi concepts, potentially inspiring new DeFi models that integrate social elements. By enabling direct financial transactions between users, such as tipping or trading in Social Tokens, DeSo blurs the lines between social networking and financial exchanges, paving the way for novel DeFi applications that could leverage social networks for economic activities.