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DeFi Volume Has Been Going Down This Year Almost Monolithically
I feel like over the past year or so, you and I listened to a bunch of pitches in DeFi. It's been mostly uninspiring. Most of the innovations we've seen has been incremental mechanistic innovations. And with that, what we're going to do is talk a bit about some of the interesting upgrades that are coming out with some of our blue chip protocols. We'll then dive deeper into some of the sectors and understand more or less where is the innovation, where is the alpha and from there dive deep into whether or not a product like this is needed in this space.