Welcome to Crypto Long & Short, our institutional newsletter. This week, we focus on the need to safeguard the individuals building DeFi infrastructure.
Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, emphasizes the importance of protecting open-source, permissionless, and programmable technology. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, argues that Ethereum's L2 strategy is flawed due to a fundamental design flaw, and that state channels offer a more promising solution. We also examine the latest headlines and charts, including the impact of the rsETH exploit on Aave's market share.