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Bitcoin's Renaissance: Inside Runes, Ordinals, and Transaction Revenue | Roundup

Bell Curve

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Exploring Protocol Economics and Financial Strategies in DeFi

This chapter delves into the concept of protocol economics in Layer 1 protocols, comparing them to commodities and equity. The conversation focuses on DeFi protocols like Maker, discussing revenue opportunities, billion-dollar vaults, lending practices, and stablecoin trading. It also explores skepticism around Bitcoin L2 solutions, whale-like individuals, token management, stablecoin dominance, and the sustainability of meme coin trading businesses.

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