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DeFi crashes and then "rescues" itself as if nothing happened. The plan for rsETH sounds solid on paper: Recollateralize that 1 rsETH equals 1.07 ETH. Temporarily manipulate the oracle to liquidate positions. Recover the funds trapped in the exploit where it's "without socializing losses." But here's the uncomfortable question: Is this resilience or control disguised as decentralization? Because when: Reserves are frozen, oracles are customized, and bailouts are coordinated across protocols, it's because you're no longer seeing "code is law," you're seeing human governance taking the wheel. And mind you, I'm not saying it's wrong to save the system, but rather that DeFi is evolving into something hybrid: Decentralized enough to grow... Centralized enough to survive... The real narrative isn't "DeFi is recovering," but rather that DeFi decides when to break its own rules. Reinforced trust or a dangerous precedent? This debate continues, leaving many questions unanswered, but DeFi is already hanging by a thread. #Jet719 #BingX #Defi #AAVE #ETH

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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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