DeFi Progress and Analysis

DeFi and other blockchain verticals (social media, gaming, art, news, etc.) still exist, but they are limited by the current state and access to underlying technology (just as the early web was constrained by underlying technology and access).

Aave V3 has officially launched on the Ethereum mainnet. What new features does it bring?

Today, the biggest threat facing DeFi is not just market conditions or liquidity; in terms of security, it also requires more than just preventing code vulnerabilities, because spies may be lurking nearby.

Replacing traditional finance has never been an option on Wall Street, but rather can be done in a parallel world, where capital, risk, and returns can be reorganized more flexibly in a programmable way.

When complexity is reasonably encapsulated, risks are clearly marked, and responsibility boundaries are sufficiently clear, DeFi can truly return to its original promise: not just serving a small group of professionals, but becoming a financial system that can be widely participated in.

Farewell to the "Mars Casino": Fixed interest rates are the key for DeFi to attract institutions and achieve a credit market explosion.

The price of the token ultimately depends on market supply and demand as well as the project's fundamentals, rather than the buyback behavior itself. Although it is certainly beneficial for token holders, it does not equate to a "guaranteed increase" in the short term.

Because it has lost the ability to change user behavior.

The future role of Layer 1 is a world database, not a world computer.

As platforms like Uniswap and Lido implement token buybacks, various protocols are facing questions regarding control and sustainability against the backdrop of increasing concerns about centralization.