Is defi really a decentralized finance?


DeFi promised a system without control. True DEFI can't allow centralized control.
World Liberty Financial is a recent example
Marketed as DeFi
Yet questions around governance, permissions, and token distribution, vesting to concentrated influence
Then you have moves like RAVE
90%+ of supply effectively controlled
Liquidity thin
Price pushed through CEX dynamics
No real demand
Just positioning and execution
That’s not decentralization
That’s orchestration
Real DeFi, in its pure form doesn't exist anymore
Decentralized infrastructure
Centralized power
The technology evolved
The incentives didn’t
RAVE38.74%
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