Tag: CDP

Vitalik Buterin Slams ‘Fake’ DeFi, Backs ETH-Based Algo Stablecoins

By Wayne Jones 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. Critique of Modern […]