#美联储降息 Seeing the competition for the Federal Reserve Chair nomination, I’m pondering an interesting question — why do traditional financial decision-makers rely on centralized institutions for predictions?

The 14% probability on Polymarket is quite interesting; it reflects the market’s true expectations. But you know what, that’s exactly the charm of Web3. Decentralized prediction markets allow everyone to participate in information pricing without waiting for an authoritative institution to release conclusions. This is the power of democratized decision-making.

Whether the Federal Reserve cuts interest rates or not indeed impacts the macroeconomy and subsequently the crypto market. But it also reminds us that true financial autonomy cannot be fully entrusted to a single central bank’s decisions. The emergence of DeFi is to enable us to manage assets within decentralized protocols, unaffected by single policies. No matter how the Fed decides, on-chain lending protocols still operate autonomously — this is the underlying logic of risk resistance.

Rather than fussing over who will be the next Chair, it’s better to think about how to build a more resilient financial system through Web3. This future is gradually being realized on the chain; it all depends on whether we are willing to participate and explore.