The Decentralized Finance has been in existence for quite some time now..
even now we have many DeFi wallets in centralized exchanges which is a great innovation in the web 3 space.
But many ask, is there any atom of illusion in DeFi ??
So, I have this to say: There is a"decentralisation illusion in DeFi since the need for governance makes some level of centralisation inevitable and structural aspects of the system lead to a concentration of power.
If DeFi were to become widespread, its vulnerabilities might undermine financial stability.
tou you can let me know your views under the comment sections ...lets exchange ideas
