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Ethereum's DeFi Dilemma
This chapter examines the complex relationship between the Ethereum Foundation and the decentralized finance (DeFi) ecosystem, highlighting concerns about the foundation's insufficient support for DeFi initiatives. It discusses the potential risks of strategic misalignment and communication gaps between Ethereum developers and the DeFi community, particularly regarding critical decisions affecting staking yields. Additionally, the chapter explores the emerging dynamics between meme coins and DeFi, considering how the rise of meme coins may shape investor interest and behaviors in the DeFi space.