but one of the most important lessons in our industry is to “fall in love with the problem, not the solution”

DeFi protocols have too much of a focus on value capture and not enough focus on value creation. As an industry, we have taken the notion of money legos too seriously. Since I came into this space, I was always a believer of the (yet to be proven) fat protocol thesis, but as we evolve, I think I have started to look at it from a bit of a different perspective.