DeFi as an actual useful technology is certainly interesting. But the initial build was all nonsense. And like everything else being built to spam the ETH blockchain it is a mistake, and building a sidechain or drivechain pegged to BTC and rooted in it's security is what is going to happen. Maybe this Atomic Finance group is in that category... seems so.
Also, there has to be an actual reason for a product aside from NUMBER GO UP pump and dumps.
We are standing on the precipice of a many month to 2 year BTC bull where BTC dominance rises significantly. Nothing really exciting will be happening in the DeFi space aside from actual companies quietly building actual products with the hope they will be ready after the spotlight is off the Bitcoin moon that will have the whole world stunned. Ironically to some extent this fuse is being lit by the money coming back to BTC from the DeFi casino madness.
For a little while that's all people are going to see, IMHO... And all this is dependent on there NOT being a huge multi-state attack on crypto led by the CBs which is a fairly real possibility.
I do also think the "not broken yet" alts with real world purpose will move north alongside BTC during this move either holding their XXX/BTC value or even rising in some cases. But I doubt that will be very many projects at all. I will not be surprised if ETH performs less well in this regard having just taken a huge hit with the end of the DeFi Casino era.
Oops! I just noticed my crystal ball has a huge crack in it... hmm... Nevermind. All that is probably wrong, I guess.
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