@akeakers
DeFi has entered its second phase of evolution. The early focus on yield farming is giving way to sustainable mechanisms such as on-chain treasuries, real-world asset tokenization, and revenue-backed protocols. Institutions are exploring compliant DeFi structures, opening the door for massive liquidity inflows. However, security remains the biggest threat, with exploits costing billions. Builders must integrate formal verification and insurance solutions to restore trust. The market’s appetite for decentralized credit and derivatives suggests a maturing ecosystem. Long-term growth depends on aligning incentives for users, developers, and regulators. This is the era of responsible innovation.