Whale losing $50m on Aave proves DeFi on mobile sucks. If he’d just used Binance and even fat-fingered an AAVE market order, he’d be okay. Instead, he withdrew 50m from Binance, deposited to Aave, and 20days later swapped on Aave. Easy to say "just use Llamaswap" but where is Llamaswap iOS app? Binance mobile app is flawless. I use CEXs on mobile instead of PC. Easier. But DeFi?? Only on PC. Because you need to connect hardware wallet sor/and multisig to do transactions. Sure, there are mobile apps like Rabby and Metamask for native swaps but they are 1) cumbersome 2) you are forced to hold private keys on mobile 3) swap fees are outrageous compared to Binance and 4) features on mobile are limited. Hot take: Hot wallet on mobile is probably worse security than funds on Binance/Coinbase/Kraken. Finally, DeFi feels like it was built by Westerners to Westerners. So many people outside the US & Europe use mobile-only for most daily activities. PC just at work, in the office. Actually,... feels like the younger generation is turning mobile-only as well. Thus for DeFi to reach mainstream, we must make it mobile-friendly too.(Ignas | DeFi)