Co-founder of Ethereum, Vitalik Buterin, said that revenues from decentralized low-risk financial protocols can ensure the economic stability of the network-like Google Search supports Google-at the same time, allowing non-financial applications to maintain Ethereum cultural values.
Low risk DEFI may deal with “important tensions” in the Ethereum community, or applications that bring sufficient revenues to economically maintain the ecosystem with cultural and ethical values, which primarily brought people to Ethereum. he said In the blog post on Saturday.
The first one was a combination of tokens, memecoin and speculative trade, while non -financial and semi -financial applications, which reflect the cultural values of Ethereum, or fought for universal adoption, or did not generate enough fees.
“This discrepancy caused a lot of dissonance in the community,” Brainein said, after which it was justified that low risk defa is the main generator of Ethereum fees. One of the examples of the assignments assigned to the assignments were deposit indicators for Stablecoin loans in the VEFI AAVE protocol, which floats about 5% for blue chips, such as Tether (USDT) and USDC (USDC) and above 10% for a higher risk stable.
Similarly, Barein noticed that Google does many “interesting and valuable things”-like a family of chromium browsers, pixel phones, AI twin models with an open level of sources and more-but revenues that earn from these products are a fraction compared to what it creates through search and advertising.
This is recently a total value blocked on Ethereum Defi exceeded $ 100 billion for the first time since the beginning of 2022. DEFI TVL ranged the ecosystem during the Bear 2022-2023, and the numbers of TVL largely followed the performance of the highest layer of 1 tokens of this bull.
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However, DEFI has recently increased among the growth of regulatory shoot, especially the Act on the brightness of the digital asset market, which is even more tilted to accelerate DEFI adoption. A recent study from the DEFI educational fund showed that over 40% of Americans are open to DEFI if stronger regulations are introduced.
Ethereum can “do much better” than Google
Ethereum can “do much better” than Google because of decentralization. Unlike Google, a decentralized Ethereum structure, better low risk defal position to adapt financial success with ethical results, creating harmony between “good” and “good being”.
“The revenue generator does not have to be the most revolutionary or exciting application of Ethereum. But it must be something that at least is not actively unethical or non -embarrassing.”
Buterin criticized Google’s motivational model, noting that advertising revenues forces the company to collect user data, argue with the original Open Source and positive ethos.
Vitalik supporters of basketball currencies, flat
While low-risk DEFI often allows easier access to the American dollar-especially those in low-income countries and high inflation-bars-Barzerin would like to see other innovations that provide economic support for Ethereum.
Buterin put the idea of building cryptoasters that follow the currency and flat basket based directly on consumer price indicators.
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