DeFi’s obsession with maximum decentralization sacrifices performance. Minimum viable decentralization offers a pragmatic path to compete with TradFi.
Opinion by: Doug Colkitt, a founding contributor at Fogo
To adhere to its ethos of decentralization above all else, the crypto industry often forgets its core user: the trader. What exists today is an ecosystem that has prioritized philosophical principles instead of practical use cases — something that has simultaneously barred the most serious traders from participating and driven decentralized finance (DeFi) users to more centralized offerings.
If DeFi is set to scale beyond speculation alone — and offer a meaningful alternative to TradFi — then the core focus must be performance.
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