Decentralized finance (DeFi) has grown considerably and has change into an integral a part of the worldwide crypto markets. Nevertheless, its continued progress closely will depend on how safe the know-how is in opposition to assaults. In line with knowledge from DefiLlama, over $5 billion within the complete worth of belongings has been misplaced in DeFi protocols up to now. To treatment this case, the Ethereum neighborhood has give you a brand new token commonplace known as ERC-7265.