A DeFi protocol gets exploited (bug or economic design flaw) and money is lost. Who is responsible?
- Users for not doing DD49.5%
- The developer50.5%
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“Code is law” has its place but the more complex the contract, the more dangerous it becomes. Under ordinary contract law, you have the opportunity to escalate a mistake, which might be undone (for better or worse). Tradeoffs up to the user to weigh.