DeFi 1.0 vs 2.0: From Renting to Owning Liquidity and the Challenges Ahead
3 Sep 2025 4 minute read 0 comments zulonga $0.28
The DeFi Summer and the Era of "Mercenary Capital" Remember the frenzy of mid-2020, the "DeFi Summer"? That was the explosion of DeFi 1.0, the first mass encounter with protocols like Compound, Aave, and Uniswap. The idea was revolutionary: to create...