Curve’s Michael Egorov Warns Centralization Risks Behind DeFi Exploits As Kelp DAO Incident Spreads To Aave
Michael Egorov, founding father of Curve Finance, stated the latest rise in avoidable exploits throughout decentralized finance is essentially linked to centralized factors of failure, warning that such weaknesses are undermining confidence within the sector. Writing on X, he reiterated his view that DeFi represents the way forward for the worldwide monetary system, whereas expressing…
