DeFi Farming Insights
The discussion dives into the substantial ecosystem of DeFi farming, highlighting that around $200 billion is locked on-chain, with a more realistic profit estimate of about $5 billion annually for farmers. It draws parallels between the dynamics of food delivery startups during the pandemic and DeFi protocols, emphasizing how both rely on attracting investment despite negative unit economics, ultimately aiming for long-term market dominance.In this clip
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