Leveraging on dormant funds to earn passive income has always been a must for those who aim to grow their portfolio. It must be a consistent action and since there ROI on most DEFI is higher than the banks, I can envisage the banks attempting to control the DEFI space.
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Surely this has been the case. They have observed a huge decline in rewards that they generate and thus this is why the whole regulation issues are popping up.
@joseph23 would you be open to a boycott?
Boycott, on what ?
The banks
Lol. Well, we can't boycott the bank at least for now that crypto is not legal in some countries.
Sure.. But it's gradually coming