Why this Ex-Facebook Lead loves Frax w/ Ken Deeter - Flyhweel #52
Flywheel DeFi
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The Future of DeFi
I suspect that at least for the next few years, we're not gonna see a lot of mergers per se. I think it like kind of concentrates the decision making too much in a way that's pretty incompatible for how DFI works. At some point, if there are like 10 protocols that all own each other's tokens, it also becomes like somewhat inefficient. So yeah, maybe you get some kind of wrapper token that is like a basket of all these things and you know, having one of those gets your governance and everything.
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