Vitalik Buterin Slams ‘Fake’ DeFi, Backs ETH-Based Algo Stablecoins
Share:
Ethereum co-founder Vitalik Buterin has questioned the legitimacy of popular USDC yield strategies, arguing they don’t follow the principles of true decentralized finance (DeFi).
His critique was in response to crypto analyst C-node, who said that most modern DeFi focuses on speculative gains instead of building genuinely decentralized infrastructure.
In This News
Coins
$ 2.05K
-1.81%
$ 0.99986
+0.01%
$ 0.99967
+0.01%
$ 0.9939
-0.60%
$ 2.05K
-1.43%Funds
Share:
In This News
Coins
$ 2.05K
-1.81%$ 0.99986
+0.01%$ 0.99967
+0.01%$ 0.9939
-0.60%$ 2.05K
-1.43%Funds
Share:
Read More
Vitalik Buterin Says ETH-Backed Algorithmic Stablecoins Qualify as ‘True DeFi’
USDT Burn: Tether Treasury’s Monumental 3.5 Billion Token Destruction Shakes Crypto Markets
Vitalik Buterin Slams ‘Fake’ DeFi, Backs ETH-Based Algo Stablecoins
Share:
Ethereum co-founder Vitalik Buterin has questioned the legitimacy of popular USDC yield strategies, arguing they don’t follow the principles of true decentralized finance (DeFi).
His critique was in response to crypto analyst C-node, who said that most modern DeFi focuses on speculative gains instead of building genuinely decentralized infrastructure.
In This News
Coins
$ 2.05K
-1.81%$ 0.99986
+0.01%$ 0.99967
+0.01%$ 0.9939
-0.60%$ 2.05K
-1.43%Funds
Share:
In This News
Coins
$ 2.05K
-1.81%$ 0.99986
+0.01%$ 0.99967
+0.01%$ 0.9939
-0.60%$ 2.05K
-1.43%Funds
Share:
Read More
Vitalik Buterin Says ETH-Backed Algorithmic Stablecoins Qualify as ‘True DeFi’