DeFi is full of innovation, but the problem is that the majority of that innovation is targeted… | by Astrape Defi | Jan, 2024

DeFi is full of innovation, but the problem is that the majority of that innovation is targeted towards degens. How do you even start to explain something like an auto-rebalancing Uniswap concentrated LP position to the lay person?

Everyone understands yield and everyone wants to earn a yield, but the barriers to entry with DeFi are still quite high.

Ironically the next innovation with DeFi might actually not be that innovative. The innovation could be to strike the balance between simplicity and degeneracy.

The total addressable market for users that want fine grained control over the lower and upper tick range of their LP position is small compared to the TAM of users who want to earn a yield on their BTC/ETH position for example.

This is what we are trying to achieve at @Astrapefinance.


Do you want to earn a yield on your stablecoins? Sure, we’ll take care of that for you.

Do you want to borrow against your portfolio of assets? Sure, you can do that.

Do you want leveraged long exposure against a BTC/ETH position whilst earning a yield on your position too? Sure.

The innovation of Defi needs to be simplified to the average person using a chase bank account.