Very cool, this new project seems like a seriously huge beacon of hope for hive and will start to bring in more and more people. I can't even tell you how happy I am to see a new front end that is seriously a business. I think the only other one that really does this at the moment on any type of scale is Leo.
Lately I've been seeing "burn" posts and just think what a wasted amount of tokens. Instead use it as a development fund post while still providing value such as updates going on or project goals moving forward and allowing the community to vote that way and raise some funds.
There's so many OTHER options that could be done besides a simple burn. While yes a burn does make sense in some cases in most it would be better spent on those new to Hive or creating DeFi etc around it.
I'm curious would it make sense to build a DeFi project that only uses HIve?
It would make sense but is not possible since Hive has no smart contract capabilities. So, there is no way to DeFi in the sense that you are thinking on Hive. That said, Hive does offer some DeFi capabilities with more being built. The project @klye is working on, @hive.loans, is one such example.
Posted Using LeoFinance Beta