‘Decentralized finance’ has become extremely unpopular these days. So much so that investors are terming whole of Defi as one large ‘Ponzi scheme’. In this article I examine the following: Rise of Defi 2.0 Fall of Defi 2.0 Structural weakness in Defi 2.0 Lessons learnt for Defi 3.0 Rise of Defi 2.0 2021 can…

2020 is colloquially referred to as the ‘Defi Summer’ — this was the year when Defi took off. A sudden adoption of popular apps such as UniSwap created a ton of interest among retail investors. Exactly 2 years later, Defi is under extreme pressure and almost every Defi enthusiast now…

It’s been a week since the $UST collapse — a black day in crypto that wiped out value for millions of retail investors. In these past 7 days, $USDT, the largest stable-coin in crypto has been making some strange maneuvers. In this article, I highlight some unusual activity in $USDT…

It’s been a mind-numbing 3 days. Apart from a loss of significant capital in LUNA/UST, I was shocked to read about stories of people putting their life savings into Anchor (the lending protocol). What made things worse was that people with little experience in crypto/blockchains invested in Anchor. People reasoned…

Bitcoin and crypto markets have seen a high correlation with tech stocks. Bitcoin still doesn’t seem a mature asset that can play its original role — ‘an inflationary hedge and a store of value’. In the short term, bitcoin seems to be driven more by the macro-economic factors than anything…

In this article I discuss the definition of wealth, what wealth is & what it isn’t, why we need wealth and specific tools to create wealth. Definition of wealth Naval Ravikant, founder of AngelList, has given us a very simple definition for wealth Wealth is having assets that generate income even when you…