Mind-blowing moments after discovering something new about crypto are now rarer.

Those mind-bending innovations that take time to really understand. 

And when you do, you think "OMG, that's f***ing amazing!"

I remember getting mind-blown after learning about:

- Flash loans
- Rebase token / Supply adjustment ($AMPL)
- AMM: x * y = k and how impermanent loss rekts you
- MEV (Sandwich attack)
- YFI: free token has value?
- Liquidity mining - giving tokens for free to boost liquidity
- veToken (the OG flywheel model)
- Fluid's Smart Debt (borrowed assets as liquidity)

What are some new, mind-blowing things you've noticed this cycle?

Honestly I feel like the only fruit left is integrating web2 businesses, especially social, with crypto technology.

I just fundamentally don't believe people have the financial literacy to get involved in defi even though its far better for them to not only consume finance, but produce it.

Its realistic to say we're at a scale of around 1M actual onchain crypto users, but the way we get to 1B is likely through web2 distribution. Farcaster may just be a prototype of what Instagram looks like in 5 years. We're beta testing it.