Safeguarding DeFi's Infrastructure Builders

Welcome to Crypto Long & Short, our institutional newsletter. This week, we delve into the world of decentralized finance, exploring the need to safeguard the individuals building DeFi infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, discusses the importance of protecting these developers and the role of policymakers in shaping the future of DeFi. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, analyzes Ethereum's Layer 2 strategy and its limitations, arguing that the rollup model is flawed and that state channels offer a more promising solution. We also examine the recent market trends and headlines, including the impact of smart contract exploits on the market and the shifting landscape of DeFi lending.