🔥This is no joke: the government of Japan is officially testing DeFi based on Ethereum!🔥

The authorities of Japan have launched a pilot project where government bonds are tokenized on Ethereum and used in DeFi protocols. The goal is to check whether blockchain can replace the traditional banking system.

Why is this important?

If the experiment is successful, it will be the first step towards mass adoption of DeFi at the state level. Now imagine what will happen to ETH and top protocols (Aave, Lido, Maker) after such a step.

We are on the brink of a financial revolution. Are you ready?

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