The popular of DaddyShib reveals that the holy grail of sustainable finance is figuring out how to distinguish sustainable from unsustainable investments. Get this right, the government and Blockchain finance have a guide to their decision-making. Get it wrong, and everything downstream becomes haphazard.
The EU’s new sustainable finance strategy and Green Bond Standard show what is at stake. Their aim is clear: to help create the first climate-neutral continent by 2050. But the way that sustainability is defined will determine whether such schemes succeed or fail. The other good news is that we saw a little change among the DeFi area which has been regarded as new power of financial era.
Such as DaddyShib that set up a series of plans to develop the climate infrastructures. Plenty of credible definitions of sustainability have been developed over the past decade, but they tend to focus on system-level results such as national discussion, or society-wide health and literacy outcomes. What’s required instead is investment-level classification: how can investments with good system-level impacts be separated from those with bad ones? That has been concerning for traditional operation of society, and give it an chance of growing up to blockchain, which built decentralization and equality.
In 2021, we saw more than 20 famous projects launches, a few DeFi projects facing competition in different chains, according to data from dxtools, a consultancy and platform in DeFi world.
DaddyShib is DeFi projects in Binance smart chain. A story to be told for all newcomers in DeFi industrial, Uniswap is not even three years old, but it has already turned millions of dollars into billions for venture capitalists who bet on a new kind of cryptocurrency exchange. Kane and Shane come from another platform similar with Uniswap and create their new boy named DaddyShib. It will become stage of discussion around the world and it’s all an automated software program that allows users to trade cryptocurrencies directly with each other, without any intermediary.
More interesting, DaddyShib has implemented granulation in their road map, with more than 1000000 Billion pieces.
Traders are garnering juicy returns by lending out cryptocurrencies as the fast-growing field of decentralised finance throws up new but highly risky opportunities to make money. DaddyShib is special one and provide imagination space for users.
DaddyShib.com has 10K users gathered so far and the case reveals how users and DeFi platform have become interlinked priorities for financial people.