Is Decentralized Finance really all that decentralized?

A limited number of investors and users are reaping all the rewards. Makes you wonder if this latest spin on “financial innovation” introduces more risk without changing much.

Meet the new boss, same as the old boss…

One of the most popular buzzwords trending in the financial press is DeFi. DeFi is defined as providing financial services and products on the blockchain without having to use a middleman such as a bank or brokerage.   

What’s in a name? DeFi is short for Decentralized Finance, a name that highlights its main alle…