DeFi is is easy to be targeted by hacker due to its early stage and the code is all open source,so the risk of being stolen is very high. If it is a long-term formal project, the risk of evil within the project team exists, but it is relatively low.
DAO is the future trend. Everyone can vote to determine the future development trend of the project. It is also up to the project stakeholders to jointly decide whether to pass the proposal. This is also the original intention and charm of the blockchain.
Libertyswap3 is a real DAO project, those who are interested can participate in it
https://github.com/libertyswap3/lips