Thank you for this explanation of certain points. I have heard about this too, and I found it interesting that Vitalik Buterin tweeted that you do not have to participate in these DeFi markets, and that they are printing too much liquidity for these farming schemes.
I also saw that ethereum fees were very high, and I try to stay away from ETH. Why would anyone use an ERC-20 when we have the Hive-Engine ?
I just joined HIVE like 10 mins ago. I didn't realize that steem forked. I'm so happy to see this. Does Hive have DeFi? if so can you shoot me a link?