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I sort of disagree with the entire premise of this thread as it implicitly assumes DeFi started with COMP in June 2020. No, DeFi has been a multiyear experiment that is only just now being somewhat recognized by an irrational market and its participants
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1) This is my first in a series of posts on The State of DeFi. To start off: how _is_ DeFi doing? Are we seeing explosive growth, or is it just a mirage of transmining 2.0?
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