As Web3 garners more attention, pioneering developers have developed innovative protocols to meet the needs of Web3 enthusiasts. With the explosion of protocols over the recent years, many have tackled the pain points that Web2 protocols are not able to.
Lately, DeFi 1.0 tokens have been jeered and scoffed at by the community. With most assets having a lower beta compared to other categories, and a never ending bleed against ETH, the complaints are understandable.