In the decentralized finance market (Defi), a crisis was aggravated, which is due to fasting projects for fast profit, said the chief executive of Polygon Labs Mark Boiron. Without a model change, the market will not be able to develop, according to the top manager of the Polygon (Matic) blockchain project.

The uncontrolled emission of tokens led to the fact that decentralized protocols exist only due to speculative liquidity disappearing when the profitability falls, said Mark Boaron:

“In most DEFI projects, liquidity is attracted through a promise of high profitability to deposits in tokens. Often, new tokens are produced for this, increasing the supply and reducing the cost of coins with a decline in interest. Protocols should force their treasury to work for themselves, earning income, instead of constantly blurring the cost of coins. ”

To continue growth, the industry should form long -term strategies – instead of engaging in constant emission of tokens. In that case Defi It will be able to guarantee stability, which will allow projects to reach the level of attractiveness for large investment companies, Polygon top manager explained. In his opinion, the interest from investors in decentralized finance will be able to grow next year – but subject to the refusal of projects from the usual work models.

Earlier, the founder of the Cardano blockchain platform, Charles Hoskinson, said that the main problem of the decentralized finance market is its “closed economy”, in which one asset growth occurs due to the weakening of another.