DeFi pulls the curtain on financial magic, says EU Blockchain Observatory expert

DeFi pulls the curtain on financial magic, says EU Blockchain Observatory expert

A researcher from the University of Nicosia elaborates on key controversies of decentralized finance. As decentralized finance continues its victorious march — although the road is sometimes bumpy — some significant questions on its nature remain. How can DeFi applications be protected from becoming nonoperational under extreme stress? Is it really decentralized if some individuals have way more governance tokens than others? Does the anonymous culture compromise its transparency?A recent report from the EU Blockchain Observatory and Forum elaborates on these questions and many others....


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