Opinion
Volatility in the crypto markets is here to stay. Thus, understanding the utility, necessity and long-term viability of projects is crucial.
Doug Leonard is the CEO of Hifi, a fixed-rate, fixed-term lending protocol built on the Ethereum blockchain. Doug holds a BS in information systems from Brigham Young University and a master’s degree in management information systems from Brigham Young University. Before being named CEO of Hifi Finance, Doug spent a year as a senior software architect at Mainframe.
Volatility in the crypto markets is here to stay. Thus, understanding the utility, necessity and long-term viability of projects is crucial.
While centralized protocols struggled with the two major market crises of March 2020 and May 2021, DeFi remained resilient.