Decentralized Finance as it stands at the moment is a bit of a misnomer. Most of the decentralization efforts have gone towards satisfying regulatory requirements related to custody/handling of user funds. While this does mitigate the majority of counter-party risks, it’s not the panacea worthy of the DeFi moniker.dApps claiming that they don't custody user funds.Centralized UIsThe common model in the space is a decentralized smart contract back-end with website crucial to usability host...

Decentralized Finance as it stands at the moment is a bit of a misnomer. Most of the decentralization efforts have gone towards satisfying regulatory requirements related to custody/handling of user funds. While this does mitigate the majority of counter-party risks, it’s not the panacea worthy of the DeFi moniker.dApps claiming that they don't custody user funds.Centralized UIsThe common model in the space is a decentralized smart contract back-end with website crucial to usability host...