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News Explorer — Ethereum Creator Vitalik Buterin Called Out for Being Down on DeFi

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Aug 26, 6:26 pm
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Ethereum Creator Vitalik Buterin Called Out for Being Down on DeFi

Ethereum founder Vitalik Buterin has expressed criticism towards certain aspects of decentralized finance (DeFi), stating that he wants to see applications that are sustainable and adhere to principles of permissionlessness and decentralization. While he praised decentralized exchanges and stablecoins, he criticized the "liquidity farming craze" of unsustainable products. These comments have sparked frustration within the Ethereum community, with some accusing Buterin of not fully supporting DeFi.

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