DeFi Mega Risks

Join me for an overview of DeFi's top mega risks as I outlined in this tweet:

https://twitter.com/ChrisBlec/status/1530301567550767111

• Chainlink: god-mode multisig, powers most of DeFi
• Aave: dependency on chainlink w/ no fallback
• Polygon: god-mode multisig can take funds
• Arbitrum: company-controlled validators can stop network
• Optimism: same as Arbitrum
• Instadapp Lite: god-mode multisig can take funds

I go through each of these one-by-one and give you my take on the centralization risks of each.

(If you watch the video and feel like it was worth more than what you initially paid, my Ethereum address is blec.eth or 0xfFd55D121713682B27fD4aD42270461830c45A3E.)