Deep Tide TechFlow news, September 21, Vitalik posted a long article on social media stating that the Ethereum community has long faced a contradiction between application revenue and ecological goals: high-revenue applications (such as NFTs and Memecoins) are often disconnected from fundamental value goals, while non-financial applications, although aligned with the vision, struggle to support an economy of 500 billion dollars.
Vitalik pointed out that low-risk DeFi (payments, savings, synthetic assets, and over-collateralized lending) can be compared to Google's search business and could become a core source of revenue for Ethereum. Such applications support the economic ecosystem through high transaction fees and ETH staking demand while aligning with the values of global inclusive finance, avoiding the ethical issues of data monopolization in traditional advertising models.
Vitalik said that the current regulatory environment is becoming stricter and the improvement in protocol security creates development conditions for low-risk DeFi. In the future, it may evolve towards uncollateralized lending, hedging in prediction markets, and diversified stable value assets (such as a basket of currencies and inflation-linked tokens), forming a synergistic effect with Ethereum's experimental applications.
