So maybe, maybe San you can go through how that works and, and then kind of lead to what John was asking, what steps are taken to make sure that, you know, funds are safe?

Absolutely.

Yeah.

I mean, the, the first thing I'll say is that I will just like, you know, sort of echo this point that we can't be flippant about what's happened over the last year, right? Lots of people have lost money and, you know, Cami, I totally agree with you that this is a, this is absolutely a moment in DeFi where we all need to step back and really consider what we're building.

The reason for optimism is that key management issues...

Like key management is a solvable problem in my view, and it's solvable by system design and by good practices and by establishing standards for the industry, all of which are 100% doable and will happen just as they happen in traditional finance, right? Just there- as there are standards in traditional finance and in broader the cybersecurity world, right? Compliance, things like SOC 2.

We absolutely need to establish standards in DeFi for who has control of what roles and what in the protocol.

Mm-hmm.