LibraryScenariosWhy DeFi protocols feel extractive
Scenario

Why DeFi protocols feel extractive

I keep joining new protocols hoping to find one that makes sense but they all feel like elaborate games designed to extract value from people like me.

Laozi
Online
The coach is replying

More people experience this than they realize.

What we've seen

The promise of democratized finance can mask sophisticated mechanisms for redistributing wealth upward.

Ideas that help explain it
Worth thinking about

“Where Are You with Blockchain and decentralization?”

If this sounds familiar, the Library can help you find the bigger picture.