Protecting DeFi Infrastructure Builders: A Key to Unlocking the Future of Finance
Welcome to our institutional newsletter, Crypto Long & Short. This week, we delve into the world of decentralized finance, exploring the need to protect the people behind DeFi infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, highlights the importance of preserving the technology and infrastructure that underpin DeFi, emphasizing the role of software developer protections in fostering innovation. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, analyzes the shortcomings of Ethereum's Layer 2 scaling approach, arguing that the rollup model was flawed from the outset due to its focus on throughput rather than the movement of value between participants. As the crypto landscape continues to evolve, it is crucial that we prioritize thoughtful policy outcomes, clarity, and responsible participation across both centralized and decentralized markets. By doing so, we can ensure the long-term viability and success of DeFi.