Curious to learn more about SVM? Great blog going through the Solana Anza client just dropped: https://fluff-ranunculus-275.notion.site/The-Agave-Runtime-d1f8d3608e5d4529b120e09e80b48887
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Can DeFi apps build a moat? I.e. can they sustainably capture value over the long-term? Between the code being open source and race-to-bottom dynamics with liquidity mining, most might say no But "bluechips" like uniswap, maker and DyDx have remained relevant How?
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i think d/acc, as outlined in @vitalik.eth’s blog post, mirrors the values of the best defi protocols which is an emphasis on reliability, risk mgmt, censorship resistance, longevity, etc nice sunday read https://vitalik.eth.limo/general/2023/11/27/techno_optimism.html
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