Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Navigating the Virtual Frontier: The Convergence of Decentralized Finance and the Metaverse

Version 1 : Received: 25 July 2023 / Approved: 25 July 2023 / Online: 26 July 2023 (10:21:18 CEST)

How to cite: La Barbera, S. Navigating the Virtual Frontier: The Convergence of Decentralized Finance and the Metaverse. Preprints 2023, 2023071734. https://doi.org/10.20944/preprints202307.1734.v1 La Barbera, S. Navigating the Virtual Frontier: The Convergence of Decentralized Finance and the Metaverse. Preprints 2023, 2023071734. https://doi.org/10.20944/preprints202307.1734.v1

Abstract

This study delves into the integration of Decentralized Finance (DeFi) within metaverses, probing its implications and potential. It elucidates DeFi protocols and the intricacies of metaverses before inspecting their intersection and the resulting economic prospects. The analysis further appraises inherent risks such as financial volatility, security, and regulatory issues. Case studies provide tangible insights into DeFi applications in metaverses. Future trajectories of DeFi in metaverses are projected, underlining the possible impact on the broader financial sector. This paper contributes to burgeoning research at the nexus of blockchain technology, finance, and virtual reality.

Keywords

Decentralized Finance; Finance, Metaverse; DeFi; Financial Innovation

Subject

Business, Economics and Management, Finance

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