Pillar (PLR) is a token of a platform owned by users. Within one system, the possibilities of storing money and information, financial transactions, electronic documents, social media accounts and much more are collected. The project is positioned as a wallet, reliable and secure, with simplified access to relevant information.

Pillar news today, PLR crypto latest news of token ticker

Pillar

DeFi is a young and dynamic force, with 8 years of groundbreaking innovation behind it.

The future of Web3 shines brilliantly.

Here are my assumptions on the dominant trends that will shape DeFi in 2024 and beyond ↓

❯ Account Abstraction will pave the way for onboarding the Web2 and CeFi audience to DeFi.

With enhanced user experience, automated and batch transactions, and flexible gas payments, these are just a few of the benefits that AA unlocks.

❯ The emergence of ERC-6551 NFTs is set to create new opportunities for the GameFi market.

By introducing Token Bound Accounts, NFTs can now be disassembled and configured into individual parts. Additionally, they can function as a traditional wallet, thereby increasing their flexibility for adoption in GameFi.

❯ Regulation and compliance maturity

While I am a strong advocate for the permissionless and private nature of DeFi, its long-term sustainability requires regulatory adoption.

By 2024, numerous countries are expected to establish comprehensive cryptocurrency regulations that prioritize consumer protection, market integrity, and innovation. Clearer regulatory frameworks will attract institutional investors and enhance retail investor confidence.

❯ RWA tokenization will foster the onboarding of TradFi to DeFi

The tokenization of real-world assets is set to become a prominent trend, allowing for fractional ownership of traditional assets such as real estate, art, and commodities. 

By leveraging blockchain technology, illiquid markets will gain liquidity, providing retail investors with investment opportunities and democratizing access to valuable assets.

❯ L3 blockchains are set to explode

With the recent announcements of Fraxchain and Maker Chain, along with OP Stack and ZK Stack unlocking new opportunities for developers, we can expect a surge in dApps migrating to their own app-specific chains. These L3 blockchains offer enhanced performance and absolute interoperability.

❯ SocialFi is set to revolutionize the content industry

Just as Patreon transformed the game for bloggers seeking monetization, SocialFi, in conjunction with Account Abstraction, will facilitate the onboarding of the next generation of creators into the Web3 world.

The potential models that can be utilized are limitless – ranging from traditional subscriptions to transparent ad revenue-sharing programs.

❯ DeFi yield sharing: A new form of dividends

In 2023, the revenue-sharing model is making a comeback, driving growth in various DeFi applications.

When combined with ve(3,3) mechanics and transparent regulation, this technology has the potential to onboard traditional finance startups and established brands into the world of DeFi.

Are you still doubting the bright future of DeFi?

Twitter

2024 is going to be a big year for web3 and @stacy_muur thinks Account Abstraction is going to be at the heart of it!

We agree 😉

If you're looking for a good read about what the future has in store for crypto, look no further 👇

2024 is going to be a big year for web3 and @stacy_muur thinks Account Abstraction is going to be at the heart of it. We agree.