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The tone of the article sounds like an attempt to make news out of nothing, while ETH is nearing ATH's. Years ago, we went through a DeFi summer where a ton of
by latchkey 1y ago
The tone of the article sounds like an attempt to make news out of nothing, while ETH is nearing ATH's.
Years ago, we went through a DeFi summer where a ton of protocols were built. Then, multiple years of nothing as the summer ended.
Since then, many of the protocols condensed into a few very very active protocols. Turtle has $1.1B deployed in only two campaigns. AAVE has $55B. Morpho has $10B. There are tons more protocols doing just fine.
- bo1024 1y agoYeah, this is odd, a bit like calling out the percent of registered web domains that don’t generate revenue.