Welcome to Crypto Long & Short, our institutional newsletter. This week, we explore the need to safeguard the individuals building DeFi infrastructure.
Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, emphasizes the importance of protecting these developers. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, analyzes Ethereum's scaling issues, arguing that the rollup model was flawed from the start due to its focus on throughput rather than the movement of value between participants.
We also look at recent headlines, including the impact of smart contract exploits on the market and Aave's declining market share following the rsETH exploit.