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title DeFi Hacks and Future Threats: The Role of Economics in Secure Protocol Design
date 2020-06-26
authors
Dan Guido
conference
Prysm Group DeFi Panel
resources

In light of recent DeFi hacks totaling $50M, this fireside chat explores whether DeFi has compromised security in order to achieve rapid expansion. Dan Guido joins Prysm Group's Johnny Antos and Compound's Calvin Liu to discuss the intersection of technical and economic security in DeFi, the risks of interoperability and composability creating a "house of cards" equilibrium, and the role of governance and community engagement in ensuring the long-term economic health of DeFi protocols.