Tag: DeFi Risks
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DeFi Risks: Operational Risks from Blockchains
DeFi apps depend on public blockchains to execute transactions and resolve contracts. Ethereum is currently the most popular base layer for DeFi, with approximately $46 billion in collateral used in its smart contracts. Other blockchains are also hosting DeFi apps and attempting to compete with Ethereum. However, the smooth operation of these apps relies on…