Vitalik: DeFi is an important part of Ethereum's core value, and we will revive the early DeFi spirit in the future.
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According to ME News, on February 25th (UTC+8), Ethereum founder Vitalik Buterin posted on social media that DeFi is a crucial component of Ethereum's core value. Financial empowerment is a key dimension for achieving autonomy and freedom in today's world. Finance is far from Ethereum's only use, but it is vital. Current DeFi has opened up the world's best opportunities for savings, risk management, and wealth creation in a permissionless manner. The Ethereum Foundation needs to continue building on this foundation. The greatness of Ethereum's early DeFi era lay in its willingness to dream, innovate, and create entirely new paradigms. Future DeFi will recapture this spirit, moving beyond simply "making a better stablecoin" to delve deeper into underlying issues and propose superior solutions. The Ethereum Foundation's support for "on-chain finance" and even "DeFi" is not indiscriminate. It has a clear vision for DeFi: a permissionless, open-source, privacy-first, and security-first global financial system—maximizing user control over their assets, minimizing centralized bottlenecks and trusted third parties, and democratizing risk management and wealth accumulation. The foundation hopes the protocol will pass an "exit test": the system should continue operating even if the founding team suddenly disappears. Achieving this vision will require significant work. (Source: ME)
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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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