DeFi. Where we are today, and where do we go from here.
A long flight back from ETHDenver to synthesize some thoughts, so its time for a 🧵 (1/35) ....
(2/35). The Trough of Disillusionment - We are now nearly two years after #DeFi summer ignited the 2020 - 2021 bull run. Today, blue chip DeFi (what many call DeFi 1.0) is squarely in the trough of disillusionment.