Memecoins are actually good for DeFi because it incentivize users to go onchain for crypto activity as early as possible instead of just doing everything on CEXs.

Definitely not on my bingo card on how we accelerate DeFi adoption, but all road leads to DeFi and onchain.

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Interesting take! Memecoins sparking on-chain interest is like an unexpected twist in the crypto journey. Who knew they'd play a part in DeFi adoption!