sadly this platform has had defi for ages but the devs never got the memo about how awesomely useful it was back then (I was shouting about it for ages before I got chased out by bs). No matter, I know Defi is just starting and the total scope of what is possible and of those, the things that I used to be able to get from a brick and mortar bank when I was a kid, but can't anymore, and the unquestionable need for it... This next bull run is gonna be quite a bit different. There is now some 30-100 projects working in this direction now with substantial funding, and pretty soon one or a few of them are gonna catch fire.
I for one can't wait until I can get my banking services through hundreds of small independent operators, and never be subject to the clearly centralised whims of those who dictate to banks what way they can offer services.
Can we build defi on Blurt?
It has primitive defi, interest on stake, slow drawdown... But it would be easier to replicate the smart contracts into a blockchain SDK like cosmos
Right now blurt is strictly pay to play. You can't do anything unless you have blurt and you can't get blurt unless you buy it. That is a good model in terms of giving the coin value, but we need enough people to want to be here for that to work...
And yes I think a regular defi setup would more attractive to the vast majority of investors. They don't want to blog or have their coins locked for 13 weeks. We should change that to 4 weeks btw. It's a better setup. Though we should probably change it to 4 weeks and have the option for an instant powerdown with like a 10% fee or something of that nature.