No Summary provided as the original text is short
- DeFi: Short for decentralized finance, blockchain-based financial services that operate through smart contracts rather than traditional intermediaries.
- Governance: The process by which token holders or other stakeholders vote on protocol decisions, upgrades, and treasury use in a crypto network.
- Regulatory anchor points: Recognizable entities or control points that regulators can target to apply oversight or enforce compliance in decentralized systems.