@stepanskihartis
Despite Ethereum’s strong first-mover advantage, new governance models introduced by emerging chains might make them more attractive to developers and users. Blockchains like Polkadot enable decentralized governance at the protocol level, allowing users and developers to influence the direction of the network. This level of control could make Ethereum seem less appealing, particularly as the DeFi community grows and demands more decentralized and user-driven ecosystems.