Safeguarding DeFi Infrastructure Builders

Welcome to Crypto Long & Short, our institutional newsletter. This week, we explore the need to safeguard the developers of decentralized finance infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, discusses the importance of protecting these individuals and the technology they create. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, examines the flaws in Ethereum's Layer 2 scaling strategy, arguing that it was designed to address the wrong problem. We also look at recent headlines, including the impact of smart contract exploits on the market, and provide a chart of the week highlighting Aave's market share slide after the rsETH exploit.