Vitalik: DeFi on Ethereum is to low risk as search is to Google

BlockBeats News, September 21st, Ethereum founder Vitalik Buterin published a post stating that the Ethereum community has long struggled to balance between "economic sustainability" and "idealistic goals." Previously, high-yield opportunities were mostly NFTs, meme coins, or high-risk DeFi projects, while applications truly aligned with the Ethereum vision lacked sufficient economic support.

Today, as various protocols mature and security improves, low-risk DeFi is emerging as a core growth driver for Ethereum, focusing on payments, savings, synthetic assets, and fully collateralized lending, with significant transaction fee contributions and inclusive value, capable of providing transparent, stable, permissionless financial services to global users.

This can be likened to "search for Google": search and advertising support Google's business model, while low-risk DeFi is expected to provide long-term, sustainable economic support for Ethereum. It also avoids speculation and cultural misalignment issues, aligning well with Ethereum's spirit of decentralization.

In the future, low-risk DeFi can not only provide more people with fair savings and payment channels but may also evolve into more innovative applications such as reputation-based loans, prediction market hedging tools, CPI-linked stablecoins, and new types of value carriers. Its stability and scalability make it the most promising "foundational application" in the Ethereum ecosystem.