# kaal:claim:3962614-044

**Claim.** The industry is still experimenting with different forms of DeFi capital replacement schemes, and it will take time to filter out those designs that have unanticipated side effects.

**Type.** predictive  **Support.** speculative

**Holds when.**

- DeFi experimentation that started in 2020

**Source quote.**

> The industry is still experimenting with different forms of DeFi capital replacement schemes. It will take time to filter out those designs that have unanticipated side effects

**From.** Wulf A. Kaal, *REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu* (2021), VI. Conclusion, page 25

**Cite as.** Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614

**Verify.** sha256 of source PDF `c6e202e77fd08db801f932774026458b94e5d103abf30cb1189fe6a1c5edf391` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20REPUTATION%20AS%20CAPITAL%20%E2%80%93%20How%20Decentralized%20Autonomous%20Organizations%20Address%20Shortcomings%20in%20the%20Ventu.pdf

**Topics.** defi

**Keywords.** defi, experimentation, unintended-consequences, capital-replacement

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