Quick Understanding of DeFi App @defidotapp With ETH surging from a bottom of 1300 to nearly 3000, strong DeFi tokens are indispensable. Tokens like $AAVE, $ETHFI, and $PENDLE have shown good performance recently. If I were to predict the next hot narrative, enhancing cross-chain operability in DeFi would be the top choice. Even grandma can use it, and it's on TikTok. These keywords were unlikely to be associated with DeFi in the past, but DeFi App @defidotapp has achieved it. If I were to describe DeFi App in one sentence: A DeFi killer app even for the elderly. The project's slogan is also interesting, "Robinhood of Crypto." From branding to product design, you can see the team's ambition is focused on "making everything about DeFi easier to use." Their website design alone is very clever, letting you know their advantages at a glance. 💡 Incorporating AI elements to enhance user experience and lower the learning curve. 💡 Direct credit card deposits, memecoin has moonshot, DeFi has DeFi App. 💡 No KYC required, self-custody of funds, which is also a trend for many client-focused DeFi applications now, or using Passkey is becoming more common. The Smart Account technology used by the team is built by the same team as Coinbase Custody, and Smart Account is also one of the core elements of the Pectra upgrade. EIP-7702 introduces account abstraction, allowing regular wallets (EOA) to operate like smart contracts, enabling many previously unimaginable use cases. 💡 A one-stop financial service platform for staking, lending, and contract opening. After reading these descriptions, it's not hard to understand why the slogan mentions Robinhood. When will DeFi become mainstream? Recently, I was also interested to see their tweet about attacking TikTok? Honestly, we've been building on Instagram for over 5 years now. We are very aware of how difficult it is to introduce DeFi on platforms with many non-crypto users 😂 AMM, perpdex, impermanent loss, and interest rate trading can't be explained in just a few videos. Now seeing a team trying to bring more players into the crypto space with some simple and straightforward methods is certainly welcome. One thing that makes me feel the success probability of DeFi app is increasing is the integration with @HyperliquidX. You can see more and more application trading terminals are integrating with Hyperliquid, including @AxiomExchange. I believe that future applications of this type must aim to achieve these three things: reduce transaction fees, improve user capital efficiency, and lower user barriers. Speaking of investors, I think it's an area that few people focus on. Common ones include @MechanismCap, @SeliniCapital (Kaito also interacts), overseas KOL @SmallCapScience, @dcfgod, @Pentosh1, and @LayerZero_Fndn. Star investor The Network State's @balajis and @FOMO_v, you could say all roles are covered, very comprehensive. Here, I'll also mention a little alpha that many people haven't mentioned. The well-known Chinese community leader @yueya_eth is also one of the LPs of Fomo Ventures, a little Easter egg. Here are other team members' Twitter accounts: @0xUxDesign @ajdinkahrovic @doranmaul @bigironchris Our team @CryptoWesearch actually wrote an introduction back in March. If you're interested in more details, see the comments below 👇
If you’re not yapping about Defi App you should srsly reconsider your priorities this cycle 💁🏼‍♀️
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