Welcome to our institutional newsletter. This week, we examine the need to safeguard the individuals and technology driving DeFi's growth, and explore an alternative approach to Ethereum's scaling issues.

The DeFi Education Fund's Jennifer Rosenthal emphasizes the importance of protecting software developers and the infrastructure they create. Meanwhile, Yellow Network's Alexis Sirkia argues that Ethereum's rollup model is flawed and that state channels offer a more promising solution for scaling.

Additionally, we review the latest market headlines and analyze Aave's market share following a recent exploit.