Too Long; Didn't Read
Open financial networks on the Ethereum blockchain must deal with the risk of exposing users to an array of abusive practices. While decentralized finance or “DeFi” instruments offer huge advantages over legacy financial systems, namely by eliminating rent-seeking intermediaries and bringing new levels of transparency to token markets, network designers should seek to strike a balance between openness and user safety. After all, if DeFi solutions become rife with abuse and are only safe for the most advanced users, they will undermine the very openness that DeFi projects seek to promote.