I am not a crypto journalist. I am a DAO governance researcher from India, still learning this space. And maybe that is exactly why this question came to me because I was not too deep inside the ecosystem to miss it. When Tally announced its shutdown, every major crypto outlet covered it. CoinDesk covered it. CryptoPolitan covered it. Twitter threads came from respected governance voices. Everyone repeated the same story: regulatory environment shifted, VC model failed, Ethereum's "infinite g...

Aave is the largest decentralized lending protocol in the world. $34 billion locked inside it. 99,200 people using it every month. $300 million in annual revenue flowing through its treasury. By any measure, it is a financial institution of serious consequence — comparable in footprint to the 37th largest bank in the United States. And yet, last week, its governance forum had 254 active participants. That number deserves to sit for a moment. Not 254,000. Not 25,400. Two hundred and fifty four...

Aave is the largest decentralized lending protocol in the world. $34 billion locked inside it. 99,200 people using it every month. $300 million in annual revenue flowing through its treasury. By any measure, it is a financial institution of serious consequence — comparable in footprint to the 37th largest bank in the United States. And yet, last week, its governance forum had 254 active participants. That number deserves to sit for a moment. Not 254,000. Not 25,400. Two hundred and fifty four...