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The Chopping Block: Why the Lack of a Fee Market Created 'Bread Lines' on Solana - Ep.313

Unchained

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Challenges in DeFi: A Closer Look at MakerDAO and Solana

This chapter examines the tumultuous landscape of the cryptocurrency market, focusing on the significant hurdles faced by DeFi protocols like MakerDAO and Solana amidst market volatility. The discussion highlights critical issues such as liquidations, blockchain uptime, and the operational limitations of Solana, drawing comparisons to the Ethereum ecosystem. It addresses the need for a dynamic fee structure and the importance of historical context in understanding the evolution of decentralized finance.

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