#WhaleDeRiskETH VITALIK CALLS OUT FAKE DeFi NARRATIVES
OPINION: Vitalik Buterin says DeFi is NOT just “USDC yield” or “throwing USDC into Aave gadgets.”
Translation 👇
DeFi ≠ passive stablecoin farming
DeFi ≠ TradFi with extra steps
Vitalik is pointing at something deeper:
Open financial primitives
Permissionless systems
On-chain coordination, not yield chasing $AXS
If your “DeFi” only works when USDC works…
it’s not DeFi — it’s just tokenized banking.
Real DeFi hasn’t even started yet. 👀🔥$YALA