Buterin spoke about the importance of low-risk DeFi for Ethereum
developer Ethereum Vitalik Buterin explained the importance of low-risk DeFi, launched on the ETH blockchain.
Buterin did not say what exactly he means by the term «low-risk» DeFi», so one can only assume that we are talking about decentralized services that pose a small risk to users in the form of loss of digital assets or personal data as a result of hacking.
It turns out that the low-risk category includes reliable, time-tested platforms located at the core of the Ethereum ecosystem. High-risk platforms, on the other hand, are located on the periphery and are suitable for people willing to experiment in pursuit of profit.
According to Vitalik, low-risk DeFi are as important to the ETH network as the search bar is to Google. The value of these decentralized services stems from the fact that they perform two functions at once:
- Bring large income to ecosystem participants;
- Meet the needs of blockchain users.
It is obvious that low-risk DeFi These are services that boast the highest value of locked cryptocurrencies. This list includes, for example, a staking platform. Lido, the Aave lending platform and the Ethena protocol, which released stablecoin Ethena USDe (USDe).
Most Popular DeFi in the Ethereum blockchain
According to Buterin, in the process of developing low-risk DeFi New prediction markets will emerge to hedge against the risks associated with the decline in the prices of various assets, reputation-based lending services that allow borrowing against small collateral, and flatcoins whose value fluctuates depending on the consumer price index.
