Mark Cuban Released an Article About DeFi and Its Advantages

by in DeFi News

Mark Cuban article

American billionaire investor Mark Cuban wrote an article related to blockchain technology and the DeFi industry titled “The Brilliance of Yield Farming, Liquidity Providing, and Valuing Crypto Projects".

Related: Twitter or BlueSky May Integrate Lightning Network

He stated that crypto businesses make more sense than people think and valuing tokens is simpler than supposed.

Cuban says crypto has a few great advantages. The entrepreneur also shared his observations about Ethereum 2 solution Polygon. In late May, Cuban made an investment in the project. In the article Cuban explained how DeFi platforms work and why he finds them brilliant. The entrepreneur wrote if Polygon or other blockchain-based protocols took a centralized business path where they supervised everything, they would have had to raise not just millions but much more. Instead, they build a near-zero cost token which is distributed according to tokenomics. Mark Cuban is a supporter of crypto. In March the Dallas Mavericks, a basketball team owned by him started accepting payments in Doge.