A Lookback into DeFi Summer + ATH Cycles Year of 2021 - Emergence of @Uniswap @MakerDAO and @aave - Compound's $COMP farming - Bunch of OHM forks introducing protocol-owned liquidity - Rise of auto-compounding protocols like @beefyfinance - Debut of BNB Chain + @PancakeSwap with absurd $CAKE staking ponzinomics + NFTs Year of 2024-2025 - Synthetic stablecoins like @ethena_labs and @FalconStable doing CeDeFi / on-chain strategies - @pendle_fi being the benemoth that created the secondary yield trading market - Lending markets taking yield-bearing tokens + Pendle's PTs as collateral that push the holy trinity of yield legos - Definitely the rise of perp dex wars with @HyperliquidX being the king - BTC wrapper staking summer with counterparts like @Lombard_Finance @SolvProtocol etc. bringing decent TVLs to EVM chains What else is shinchan missing? And what else you looking forward to for DeFi 3.0? P.S. photo from @cryptonary
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