š¢ DeFi Beyond āUSDC Yieldā: What Vitalikās Comment Signals - @VitalikButerin recently pushed back on the idea that DeFi is just āUSDC yieldā or āput USDC into Aave.ā His point is that DeFiās core value is reducing counterparty risk and keeping finance more open and self-custodied, not just chasing returns. He also noted that some algorithmic stablecoin designs can qualify as āDeFi,ā but only if they genuinely improve the risk profile (e.g., overcollateralized and/or diversified structures) rather than hiding leverage.


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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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