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The DeFi Decade: Unveiling the Potential of 2024

2 min read

The DeFi Decade: Unveiling the Potential of 2024

In the 50th episode of the podcast, Elisha Owusu Akyaw, the host, engages in a conversation with Sonali Giovino, the global head of ecosystems at De.Fi, to delve into the decentralized finance (DeFi) ecosystem. With the crypto space displaying indications of a potential bull run, Giovino explains the significance of DeFi, the challenges it faces, and how these factors could impact mass adoption in the forthcoming years.

Giovino holds the view that the current green market presents a favorable environment for exponential growth in decentralized finance. She emphasizes the need to carefully consider the various risks that exist within the DeFi sector, including security and regulations. Security has been a long-standing concern, as numerous smart contract vulnerabilities have led to significant losses in the past. In the past, there has been a lack of attention given to DeFi security issues. The situation is gradually changing as more developers collaborate with auditors, more companies develop security tools for users, and a greater number of events focus specifically on DeFi security.

Despite the risks involved, Giovino encourages individuals to explore DeFi due to its empowering nature. She highlights that people may hesitate to enter the DeFi space due to concerns about crypto scams, volatility, and risk. She stresses that DeFi is not just disruptive but also exceptionally empowering, enabling people worldwide to create solutions and address issues that impact everyone.

For further insights, listeners can access the full episode on Spotify, Apple Podcasts, or TuneIn. offers an array of Web3 podcasts that continue to expand, providing a wealth of information for those interested in the subject.

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