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DeFi's Existential Crisis in 2022 - DeFiDad, Ep. 205

The Blockcrunch Podcast

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Do You Think Defy's in a Crisis?

O defi was just weird. Very few people were paying attention to it. At one point, there was like 500 million in total value locked in the summer of 20 19. So i'm curious, like, do you think defy's having an existential crisis now? Like, have you forgotten what we're trying to build? We've lived through a very frothy 20 17, i c o, boom. And then 20 18 was like the reckoning realizing that a lot of, ah, these projects that had promised every, you know, everything under the sun, we realize none of it was real.

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