We need more researchers and better metrics in DeFi to fulfill the promise of a more robust and transparent financial infrastructure.
In a recent research paper published in the Federal Reserve Bank of St. Louis Review, I argued that “DeFi [decentralized finance] has the potential to create a truly open, transparent and immutable financial infrastructure.”
The unprecedented speed of financial innovation in DeFi is exciting, and the space is home to some of the smartest people I know. But in the midst of this excitement, it is important not to forget about the risks.
Read more on Coindesk (Opinion – Fabian Schär)…