To maintain DeFi’s pace of adoption, it’s absolutely critical that we develop even more protocols and tooling to ensure that users are interacting with safe financial products in crypto. Projects like Forta, which enables dapps to monitor runtime security, and Nexus Mutual, which offers dapp users insurance against smart contract exploits, have already made significant headway in securing the crypto financial ecosystem. Still, there remain a great many vulnerabilities in the smart contracts powering DeFi, the majority of which we still don’t know. In 2022, I expect to see security become a tremendous focus for DeFi projects, and expect to see several more projects launch around better smart contract auditing, precise runtime monitoring, and consumer protections.
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