Any governance system is built upon a set of ideological frameworks. The design of a certain leading lending protocol is quite interesting—it explicitly chooses a "digital liberalism" approach.

How to understand this? Three core points:

**First, assets are entirely at your control**. Your collateral, your generated yields, all belong to you. The protocol is not an approval authority; it simply provides a mathematically fair interaction environment. With the private key in hand and transparent rules, trust is generated out of thin air.

**Second, all rules are written into code**. Interest rate models, liquidation conditions, risk parameters—no special treatment, no whitelists, no "related-party" loans. The ideal of equality before the law is directly realized in smart contracts. Trust does not rely on character, but on verifiable code.

**Third, governance only concerns the bottom line**. Community voting is not about deciding "which industry to support."