Decentralized Finance (DeFi) Platforms: from the Lens of DISS Model & System Usability Scale

Abstract

The Decentralized Finance (DeFi) platforms are proving to be a calling card of the financial system in the global front. The de-Fi platforms provide peer-to-peer financial services without relying on any type of significant centralized intermediaries. This paper evaluates the success of DeFi platforms using a two-frame analysis, the Decentralized Infrastructure Sustainability and Security (DISS) Model, and the System Usability Scale (SUS). This study assesses the role of different elements of DISS and SUS models in affecting the use of DeFi platforms. Such findings in their turn assist us in comprehending the significance of encouraging mechanisms and data privacy in constructing and increasing the user trust and making the platform more successful.