Summary
- Vitalik Buterin, co-founder of Ethereum, said low-risk DeFi could become a core application of Ethereum.
- He said that as the stability of DeFi protocols increases, the Ethereum network can be continuously sustained in areas such as payments, savings, synthetic assets, and collateralized lending.
- Vitalik explained that low-risk DeFi could promote global financial inclusion through prediction markets and reputation-based lending.
A claim has emerged that low-risk decentralized finance (DeFi) will become a core application of Ethereum (ETH).
On the 21st (local time), Vitalik Buterin, co-founder of Ethereum, stated, "Like Google's search function, low-risk DeFi can become a core application of Ethereum." He continued, "DeFi protocols have become more stable than before," and explained, "Low-risk DeFi such as payments, savings, synthetic assets, and collateralized lending can, aligned with Ethereum's decentralization values, continuously sustain the network."
He added that through this, innovations such as prediction markets and reputation-based lending could occur, promoting financial inclusion worldwide.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
