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10) And then there are yield farms. No matter what we say about them, they never really needed to be decentralized, at least if the whole point is the yield. You can drop yield anywhere. And no one who's using is there for the governance.
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11) And what built was the perfect platform for pure yield to migrate to. A chain that's cheap and easy to use and easy to migrate to, both for projects and traders. And seeded with millions of users.
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12) It would be easy to be angry at BSC, for taking yield from more decentralized chains. But I'm not. Because BSC isn't stealing governance, and it's not stealing the pillars of a decentralized future. It's stealing yield. It's making DeFi compete for its yield.
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13) And, really, if we want DeFi to get huge, we can't pretend that yield is the same thing as well-built decentralized primitives. We have to build great products which can outcompete the alternatives.
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14) BSC has been hugely successful for . And BSC proved a point. It's a point the ecosystem needed to learn. adapted. He does that quite well. DeFi needs to adapt, too, to grow.
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15) Because for DeFi to win, it can't be decentralized OR fast OR cheap OR sophisticated OR innovative OR well built OR have a large userbase. It needs to be all of those.
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Trying to get started on understanding / use serum and Solana. Any advice on wallets/documentation to get started? I use a ledger and all the websites I visited tried to get me to create a web generated wallet which I’m not super comfortable with
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