DeFi Risk Factors
The discussion highlights the inherent risks associated with stablecoins and DeFi protocols, noting that only a fraction actively participates due to complexities and potential counterparty risks. The DSR offers yields that can fluctuate based on governance decisions, raising questions about its reliability compared to traditional risk-free rates. The conversation emphasizes the need for clearer instruments that align directly with treasury rates for better predictability.In this clip
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Bankless
189 - Taking Treasury Bills Onchain with Martin Carrica
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