Vitalik: Unnecessary locking of funds should be minimized as much as possible
Vitalik Buterin stated on Warpcast that Total Value Locked (TVL) should not be the goal, but a necessary evil.
He believes that locking funds in immature protocols instead of keeping them in simple secure wallets may pose security risks. He emphasized that sometimes we need to take on such risks to gain valuable benefits, but locking for the sake of locking should be minimized as much as possible.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The number of transactions on the Linea mainnet has surpassed 1.3 million.
Data: 32.93 BTC transferred out from a certain exchange, worth approximately $2.4556 million
MON plummets, causing multiple whales to be fully liquidated with losses exceeding one million dollars