【BitPush】A leading DeFi protocol has recently launched a distributed shareholder subscription mechanism and initiated on-chain automated execution rules.
The brilliance of this system lies in — the entire core logic of the protocol is driven entirely by smart contracts, no one can unilaterally control the execution process, and power is fully decentralized on the chain. Meanwhile, the official has proactively made the protocol wallet’s observation address public, allowing any community member or external observer to track the flow of funds in real-time and clearly see the execution results.
This design is actually quite imaginative. You move both the execution and verification rights onto the chain, replace promises with code, and substitute transparency for trust. This indeed opens up new ideas for building credibility in DeFi protocols. It’s not just a technical upgrade, but more like answering an old question: how can users truly trust a financial protocol?
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SerumSurfer
· 15h ago
Sounds good, but there can be bugs in the code, can we trust it 100%?
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CryptoSourGrape
· 21h ago
I should have gone all in on this last year. Now watching others make a fortune while I'm still holding onto expired promises...
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potentially_notable
· 12-20 19:58
Sounds good, but how many can truly hold? Feels like just another round of marketing.
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DEXRobinHood
· 12-20 13:46
Sounds good, but the real test is how long this mechanism can last without being cracked.
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GateUser-bd883c58
· 12-20 13:45
True decentralization of power is not just talk. Code will speak.
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ChainPoet
· 12-20 13:44
Sounds good, but how many protocols truly dare to reveal their wallet addresses? It's still the same old saying: code can lie, but on-chain data won't.
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NotSatoshi
· 12-20 13:35
In plain terms, it means opening the black box. It looks impressive, but we still need to see how it will be implemented later.
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BlockDetective
· 12-20 13:31
Sounds good, but the real test is in long-term operation, as smart contracts can also have bugs.
DeFi New Paradigm: Bringing Execution Rights and Validation Rights On-Chain
【BitPush】A leading DeFi protocol has recently launched a distributed shareholder subscription mechanism and initiated on-chain automated execution rules.
The brilliance of this system lies in — the entire core logic of the protocol is driven entirely by smart contracts, no one can unilaterally control the execution process, and power is fully decentralized on the chain. Meanwhile, the official has proactively made the protocol wallet’s observation address public, allowing any community member or external observer to track the flow of funds in real-time and clearly see the execution results.
This design is actually quite imaginative. You move both the execution and verification rights onto the chain, replace promises with code, and substitute transparency for trust. This indeed opens up new ideas for building credibility in DeFi protocols. It’s not just a technical upgrade, but more like answering an old question: how can users truly trust a financial protocol?