whats the risk of new ecosystems not having a strong defi platform?
trading $6.9 million worth of $ADA for 800k worth of USDA stablecoin in a swap.
basically, because cardano does not yet have strong enough liquidity for their USDa pool then it was very costly for a whale to make this trade.
how can you grow defi in new ecos?
integrate very liquid bridges, platforms that tap into deep crosschain liquidity etc.
we have also been running various defi accelerators and hackathons focused on solving just these issues at Lunar.
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