@masonnystrom regardless of “moats” which will be much harder to build and even harder to maintain.
While Uniswap and AAVE have taken the lead, they have done so it a time where there’s a lot more shit to dig through than genuine competition. This won’t last forever…
@NorthRockLP @0xSisyphus There’s also talk of state sponsored mining operations which would bolster the “security” but would also run a ton of maxis away.
@NorthRockLP @0xSisyphus Is this a now problem/solution or an end of new BTC (~2140 or whatever) problem/solution?
I’d imagine the largest miners and holders are incentivized simply by their investment to maintain the security of the chain regardless of the ROI of transaction fees no?