What Does DeFi Whitelist Mean (Firewalld IP Whitelist)

What does DeFi whitelist mean? Editor’s note: This article is from Ethereum enthusiast (ID: ethfans), authored by William M. Peaster, translated and proofread by Min Min & Ajian, and authorized for reprinting by Odaily Star Daily.

In the blockchain field, there are many projects and tokens that are whitelisted, such as Uniswap, Kyber, Aave, MakerDAO, etc. However, these are actually projects built on the Ethereum network. So what does DeFi whitelist mean? What does it mean? It is a term that is understood as “whitelist”. This is a program that enters a project through a whitelist, and this code can be used for various services such as decentralized exchanges, lending protocols, insurance companies, etc. But if there is no such mechanism, there will be a situation where anyone can become a participant in the whitelist.

For experienced people, this method is very effective. So we know that many projects have their own whitelist models. Therefore, when defining a whitelist, we need to set a certain threshold for ourselves. In order to facilitate a better understanding of DeFi, we need a whitelist here to judge the suitability of the whitelist.

Currently, most DeFi projects have already launched testnets or test environments and have not yet formally launched. However, according to data from duneanalytics, as of August 5th, more than 50 project smart contracts have been deployed and operated on this platform, including Uniswap, Kyber, AAVE, Balancer, etc. Their whitelist functions have not been announced yet and will only be included in the whitelist after these projects are launched. Therefore, it is not difficult to qualify and join the whitelist.

Next, we will introduce what DeFi whitelist means.

Firewalld IP Whitelist

According to official news from Firewalld, it has now launched on the IPFS/Filecoin mainnet and has started inviting whitelist users to join.

According to the official introduction, Firewalld is a decentralized identity protocol built on IPv8 technology, and its underlying architecture provides support and infrastructure for Web3.0. By using distributed consensus mechanisms to verify users’ identities and perform operations such as encrypted secure transmission, authorization, and privacy protection, Firewalld aims to achieve information interaction and value exchange from digital assets to the financial system to the physical society.