Vitalik: DeFi is a Core Component of Ethereum's Value

Odaily News Vitalik.eth posted on the X platform, stating that DeFi is a core component of Ethereum's value, and financial empowerment is key to achieving autonomy and freedom. The Ethereum Foundation's (EF) vision for DeFi is to build a permissionless, open-source, private, and security-first global financial system that maximizes user control over assets, minimizes centralized bottlenecks and trusted third parties, and democratizes risk management, wealth accumulation, and payments. The Foundation emphasizes that protocols must pass the "deprecation test," meaning they can continue to operate even if the original team disappears or is attacked. To achieve this vision, the Foundation's focus areas include: enhancing security through audits, standards, and wallet-side security measures; improving security through AI-assisted formal verification and user-side agents; increasing the security and decentralization of oracles; advancing privacy-preserving payments and privacy for more complex use cases; and improving open-source licensing and forkability. The Foundation expressed its willingness to collaborate with all parties committed to building a permissionless, open-source DeFi ecosystem that reduces intermediaries, enhances security, and increases user autonomy, making it the preferred choice for individuals and institutions on Ethereum and providing fund management solutions globally.