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Consensys / defi-score

DeFi Score: An open framework for evaluating DeFi protocols
https://defiscore.io
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Insurance/Regulatory Risk #1

Closed sneg55 closed 5 years ago

sneg55 commented 5 years ago

What's the point of evaluating Insurance/Regulatory Risk in the framework if none of existing DeFi products can meet that criteria?

jclancy93 commented 5 years ago

Good question. Part of the reason we added these criteria is that most of these products are risky investments, and we were afraid that giving some of these protocols very high scores might mislead users into thinking they were safer than they actually are.

Also, a lot of people are comparing lending protocols to bank accounts these days, so we also wanted to highlight features that a traditional bank account has that DeFi currently lacks.

Does that make sense?