We need to explore radical solutions to the DeFi security problem. We can’t allow one private key leak to cause every lending protocol to irreversibly go to shit at a moment’s notice. There’s no way around designing a mechanism to reverse the flow of funds after incidents, with guardrails. I’m not calling for a custodial solution. We have plenty of governance tools at our disposal to at least try and solve this problem without resorting to a centralized and unaccountable intermediary. Without solving this problem, the DeFi yield risk premium is never going away. DeFi lending will never be able to provide capital as cheaply and scalably as TradFi with this existential risk always looming.