wolf in sheeps clothing
but one of the most important lessons in our industry is to “fall in love with the problem, not the solution”none of the clocks have any handsSince DeFi summer, we have all fallen victim (at-least once) to 5-6 digit APYs, games of hot potato. While for the honest actors, this is simply a method to navigate the now multi-chain, overly-competitive, and ever-hostile venue that is liquidity provisioning, builders are boxed into creating unsustainable flywheels and compromise on already thin resou...
wolf in sheeps clothing
but one of the most important lessons in our industry is to “fall in love with the problem, not the solution”none of the clocks have any handsSince DeFi summer, we have all fallen victim (at-least once) to 5-6 digit APYs, games of hot potato. While for the honest actors, this is simply a method to navigate the now multi-chain, overly-competitive, and ever-hostile venue that is liquidity provisioning, builders are boxed into creating unsustainable flywheels and compromise on already thin resou...
baseplate thesis
DeFi protocols have too much of a focus on value capture and not enough focus on value creation. As an industry, we have taken the notion of money legos too seriously. Since I came into this space, I was always a believer of the (yet to be proven) fat protocol thesis, but as we evolve, I think I have started to look at it from a bit of a different perspective. While I love Sushi, I think there is an intrinsic flaw with their protocol that lets the likes of Curve get the upper hand, due to the...
baseplate thesis
DeFi protocols have too much of a focus on value capture and not enough focus on value creation. As an industry, we have taken the notion of money legos too seriously. Since I came into this space, I was always a believer of the (yet to be proven) fat protocol thesis, but as we evolve, I think I have started to look at it from a bit of a different perspective. While I love Sushi, I think there is an intrinsic flaw with their protocol that lets the likes of Curve get the upper hand, due to the...
