
CM|May 13, 2025 03:00
Lorenzo, More and more projects are starting to do "integration" business, Staking、Yield、 Arbitrage, package all these operations into standardized products.
It is becoming more and more like the "machine gun pool" of the new era. In the past, the increasing complexity of DeFi brought structural risks, and token subsidies could not provide sustained high returns. The old era machine gun pool came to an end, and now CeFi scenarios have been added. The risks have not been eliminated, but the returns are more diversified.
This track is very crowded and winding because there are no flaws in both the market and users. It plays a crucial role in both the protocol layer and the user side, and is a typical "right thing to do". However, the risks and responsibilities that need to be borne are enormous.
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