Dossier
Percolator
Coverage of Percolator in the Nexus archive.
- Would You Trust DeFi More If the Team Burned the Admin Keys?
Toly launched an immutable DeFi market called Percolator, burned its admin keys, and deposited 5 SOL in an insurance vault to challenge users to break it. The move raises questions about trust in decentralized finance protocols when teams cannot intervene, even as it tests the core principles of decentralization.