Welcome to our institutional newsletter. This week, we explore the need to safeguard the people behind DeFi infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, emphasizes the importance of protecting these individuals.
Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, analyzes Ethereum's scaling issues and how they can be addressed. We also invite you to join us in defending key policy principles that make DeFi possible. Furthermore, we discuss recent market developments, including the introduction of the Promoting Innovation in Blockchain Development Act, which aims to protect software developers from misclassification under criminal code.
Additionally, we examine the limitations of Ethereum's L2 strategy and the potential of state channels in eliminating intermediaries. Our newsletter also covers recent headlines, including the impact of smart contract exploits on the market and the shift of derivatives volume into regulated venues.