看的是 https://www.youtube.com/watch?v=_cCwx5zaz1I
这份演示讨论了DeFi协议从应用过渡到DeFi生态系统基础设施的转变。它探讨了品牌、网络效应和加密货币中的流动性的重要性。Uniswap、Morpho和dYdX的例子展示了这些项目是如何从简单应用发展成为DeFi中更为复杂和基础的组成部分的。
关键点：
品牌作为DeFi资产安全性和持久性的代表。
网络效应和流动性在DeFi协议成功中扮演关键角色。
成功的DeFi协议旨在同步到堆栈中并成为基础设施，而不仅仅是独立的应用。
Uniswap已从一个基本应用发展成为一个具有流动性管理和衍生协议的生态系统。Morpho已转变为一个借贷原语，使得借贷市场的实现成为可能。因此，Morpho的总锁定价值（TVL）不必依赖于底层的借贷协议，如Aave或Compound。
dYdX已从以太坊上的一个热门应用转变为其自己的区块链，捕获更多价值并变得更具防御性。
所有DeFi应用都希望在堆栈中沉淀，因为这样可以捕获更多的价值，并形成一种评估和构建策略的趋势。所有DeFi项目最初都可能作为终端用户应用启动，通过这种方式实现产品市场契合，从而实现规模扩张和用户增长，然后开始思考如何将这变成一个能够捕获更多价值且长期更具防御性的更大事物
This presentation discusses the transition of DeFi protocols from being applications to becoming infrastructure in the DeFi ecosystem. It explores the importance of brand, network effects, and liquidity in crypto. The examples of Uniswap, Morpho, and dYdX demonstrate how these projects have evolved from simple apps to more complex and foundational components in DeFi.
Key takeaway:
-
Brand serves as a proxy for the safety and longevity of a DeFi asset.
-
Network effects and liquidity play a crucial role in the success of DeFi protocols.
-
Successful DeFi protocols aim to sync in the stack and become infrastructure rather than remaining as standalone apps.
-
Uniswap has progressed from a basic app to an ecosystem with liquidity managers and derivative protocols.
-
Morpho has transformed into a lending primitive, enabling the creation of lending market implementations. Therefore Morpho’s TVL doesn’t have to rely on the underlying lending protocols, like Aave or Compound.
- dYdX has transitioned from a popular app on Ethereum to its own blockchain, capturing more value and becoming more defensible.
Network effects and liquidity are vital for DeFi protocols.
Morpho has become a lending primitive for building lending markets.
dYdX has transitioned to its own blockchain, increasing its value and defensibility.
All Defi apps want to sink in the stack Why?
- capture more value
- valuation - mold building strategy as a trend.
All Defi projects will most likely start out as end-user apps to achieve product market fit that way achieve scale users all of that and then when they start thinking of how this become something bigger that captures more value and that’s more defensible over the long term.