DeFi

https://x.com/aeyakovenko/status/1891511669961933212?s=46&t=LUwp6CEG8bj71wefilcCmQ

Oh he’s actually dumb. Incredible!

@aeyakovenko @newmichwill @samczsun This is a strange argument. DeFi summer ultimately gave solana serum, jito, raydium, jupiter, kamino and drift... among others. There'd be no memecoins and no solana network metrics without defi 🤷🏽‍♂️

@chainyoda @newmichwill @samczsun (3,3), yams, algo stablecoins, created really brittle dependencies across DeFi under the guise of risk free yield.