SBF: No crisis possible for transparent on-chain DeFi apps

06/20 00:50

In response to the question "How do we as an industry—apart from staying clear from undercollateralized algostables—best ensure that a 3AC moment does not happen again?", SBF tweeted: "Biggest things here aren't making sure no one ever goes under. Regulation can help here, so can DeFi. FWIW 3AC/etc. couldn't have happened with an on-chain protocol that was transparent."

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