Marc Vlad - DeFiScan :Transparency on Decentralization in DeFi

Sun, Nov 2, 2025, 12:00 AM

DeFiScan focuses on bringing transparency to Decentralized Finance (DeFi). The talk highlights the basics of DeFi, including Decentralized Exchanges (DEX), lending, yield, and liquid staking, and emphasizes the significant value and risks, such as the billions lost to hacks. It addresses the challenge of knowing who "operates" protocols and understanding potential dependencies and risks. The talk cover DeFiScan's framework - with its criteria of autonomy, accessibility, exit-window, upgradeability, and chain decentralization -which is used to assess DeFi projects' decentralization levels. It categorizes projects into stages from "Not DeFi" to Stage 2, representing fully decentralized systems. The presentation encourages community/opensource participation in reviewing protocols and offers bounties of $1,000 to $3,000 for reviews. It outlines steps on how to get started, including using their permission scanner and other tools. The talk also provides guidance on writing reviews, suggests protocols to examine, and highlights support available through the DeFi Collective Discord. It aims to give attendees insights into the decentralization aspects of DeFi and encourage active contribution to the DeFiScan project.