From what I read in the article, DeFi innovation is still dominated by lending platforms and stable/pegged coins. It's a good start; however, I want to see more about the Decentralized Autonomous Organization (DAO) as a profit-seeking corporation.
Imagine you create a company as DAO and issue shares over DeFi, do the voting as a shareholder, earn profits in stablecoins, can trade stocks freely without 3rd party market maker. Not sure if it's the definite future, but it is one of many possibilities. The thing is, it has to be approved by the regulation if we want everything to go smoothly.
Anyways, which project is currently doing these things?
I've read just today on cointelegraph article about CEO of AAVE going to tokenize Tesla on its platform which is probably the next thing that will happen to some other companies which will likely going to be like stock market. Synths will probably created more on the Defi platforms which we will be able to trade them too. Lending and stablecoin I guess is just the start of its application.