
6 - DeFi Trust Spectrum
Bankless
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Navigating the DeFi Trust Spectrum
This chapter explores the spectrum of trust in decentralized finance (DeFi), contrasting human-operated platforms like Realty with fully automated protocols such as Uniswap. It highlights the key components of trust in DeFi applications, including settlement, issuance, and mechanisms, while scrutinizing the balance between decentralized and centralized elements within systems like MakerDAO. The discussion also emphasizes the implications of trust dynamics for the future of stablecoins and decentralized asset management.
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