Defi is a large marketplace, if we want the Trillions of Trillions interest rates to move onchain we're gonna need more than just high APYs... watching @ipor_io build the heartbeat of Defi, I'm convinced by indexing rates from top lending protocols, they've created the first real yield curve - that's the benchmark we need right there. think of it, this is how the"Big Money" actually manages risk. In crazy markets times, where you fear borrow rate spikes, IPOR is where you run to hedge. When you see assets like $wsrUSD yielding over 16%, it just speaks the results of actual interest rate loops and efficient yielding vaults. Quoting @VitalikButerin and other big minds; the future of Defi is better infrastructure. I'm glad we're seeing that already.