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hi my name is piers ridyard and this video is about the decentralized finance protocol radix the first layer one protocol specifically built to serve defy decentralized finance is blockchainamp;#39;s killer application it is a thriving ecosystem that is already allowing billions in assets to work seamlessly together d5 apps like uni swap are already beating exchanges like coinbase in transaction volumes and huge numbers of dollars are pouring into d5 every week unfortunately todayamp;#39;s d5 application building is fundamentally insecure when deforest was 25 million dollars was stolen in a matter of hours 650 million dollars flowed out of yam.finance because of a flaw in its code developers have a horrible choice move quickly and risk losing other peopleamp;#39;s money or try and build bug-free solidity code and miss the market opportunity if you do decide to risk it and build a defy application on ethereum or similar the cost can bite deep while the solidity code itself may come t