Kelp DAO was hacked this time for $292 million, directly blowing up the entire DeFi lending circle, and many people are starting to follow suit and criticize DeFi.

Actually, there's no need to panic excessively; this level of security incident is essentially a necessary pain point in the industry's development, not something that will bring the sky down. Look at giants like BlackRock, Wall Street's big players, they haven't stopped their on-chain expansion efforts; instead, they are pushing the entire DeFi industry to raise its standards for security and governance.

For us, the biggest reminder from this incident is to avoid messing with small protocols that haven't undergone strict audits; capital security is always the top priority. The industry is going through reshuffling, and only by following the direction of big funds and protecting your principal can you stay steady and go further in this space. #WCTC交易王PK