Explosive Growth
In this episode, Ryan and Daryl discuss the rapid rise of the WiFi protocol in the DeFi world. They explore the factors that contributed to its explosive growth, such as the absence of founders and the permissionless nature of listing on exchanges. They also delve into the significant increase in total value locked and the high APRs that attracted investors. However, they also address the subsequent decline in assets and the conclusion of the distribution process.In this clip
From this podcast
Bankless
SotN#7 - EXPLOSIVE, Special Guest: DARYL LAU (YFI TOKEN MAGIC, ETH PUMPED, DEFI RISK)
Related Questions