Vitalik: DeFi is the core component of Ethereum's value.

Odaily Planet Daily reports that Vitalik.eth posted on X stating that DeFi is a core component of Ethereum’s value, and financial empowerment is key to achieving autonomy and freedom. The Ethereum Foundation (EF) envisions building a permissionless, open-source, private, and secure global financial system that maximizes user control over assets, minimizes centralized bottlenecks and trusted third parties, and democratizes risk management, wealth accumulation, and payments. The foundation emphasizes that protocols should pass the “deprecation test,” meaning they can continue to operate even if the original team disappears or is attacked. To realize this vision, the foundation focuses on areas including: enhancing security through audits, standards, and wallet-side security measures; improving security via AI-assisted formal verification and user-side proxies; increasing the security and decentralization of oracles; advancing privacy-preserving payments and more complex privacy use cases; and improving open-source licensing and branchability. The foundation states its willingness to collaborate with parties committed to building permissionless, open-source DeFi ecosystems that reduce intermediaries, enhance security, and promote user autonomy, making them the preferred choice for individuals and institutions on Ethereum, and providing global fund management solutions.