Why is Defi such an unloved category right now in crypto venture capital?

Beach maximalist 🏖
Partner @ Collider.vc 💎

Do you think the recent Uniswap fee proposal will bring some US based funds back, or only passed legislation/post election will help?

Several US funds I know are staying clear because of regulations.
The SEC has succeeded in chilling this market in the US.

regulation and short attention spans

the 3-7 memory chunks are already filled with other stuff that is perceived hotter atm