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A comment on Matt Levine: Ripple Is a Security and It Isn’t. Parent comment

Re:Matt Levine: Ripple Is a Security and It Isn’t by charleslmunger on Thursday July 20, 2023 @08:18AM (#36799429)
>When loan contracts are enforced transparently and in accordance with terms that are immutably encoded, there is virtually zero risk of fraud and mistakes.

Like solend?

https://app.realms.today/dao/7sf3tcWm58vhtkJMwuw2P3T6UBX7UE5...

[ Parent | on HN ]
Re:Matt Levine: Ripple Is a Security and It Isn’t by ETH_start on Thursday July 20, 2023 @10:28AM (#36800981)
Solend is not anywhere close to being a "DeFi primitive". Those would be:

* Uniswap V1/V2

* MakerDAO

* Aave

* Compound

* Curve

They're immutable, heavily audited, and been subject to intense live-testing in an adversarial environment, where billions of dollars worth of digital assets have been locked by them for years, which has acted as an effective bounty for every hacker in the world.

[ Parent | on HN ]