Guys, why there's so little DeFi projects built on Flow?

Flow is a permissionless network now, why aren’t we seeing more DeFi projects built on top of it? I would love to see more FUSD, USDC use cases. Is it the TPS rate of Flow that is a concern?

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There is a learning curve with Flow’s technical architecture and the Cadence language, and the chain is focused on NFTs.

Flow could innovate in the financialization of NFTs to have more DeFi.


We still have a relatively early stage DeFI ecosystem but there are both internal and external initiatives ongoing that will grow this further. We’re hoping to publish some DeFI contract standards to complement those efforts which will help builders to compose more product ideas on the DeFi primitives which those standards will introduce. Stay tuned!

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