Cardano and the Need for Economic Security
Alignment & Design of Incentives Make Safe Protocols
Published in
6 min readApr 1, 2024
Economic exploits in DeFi have cost blockchain users over $6.5 billion since 2018 and taking a deeper look at 2023, 2/3 of the exploits are economic-based largely driven by price manipulation and smart contract exploits. The burgeoning Cardano ecosystem although with a much smaller TVL than more…