DeFi Protocols - Is MEV the Number One Source of Profit for DeFi?

Mark O'Mara: I think the biggest criticism has been what is going to be the modernization of these governance tokens? He says there's a clear pathway that the SEC puts forth where, hey, look, DeFi protocols can actually be securities or whatever you want to call this. A token that simply exists so people can trade it back and forth isn't value, he says. "We are moving from tradFi, where there's this $7 trillion of leakage and friction to see file ultimately to DeFi"

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