Express
Solana Foundation President Calls for DeFi Protocols to Cease Infighting and Focus on Market Expansion
Summary: Solana Foundation President Lily Liu urged DeFi protocols within the ecosystem to stop attacking each other over issues like 'one-click migration tools' and 'risk disclosures', and instead concentrate on expanding the overall market. She noted that the Solana lending market is currently around $5 billion, only a tenth of Ethereum's, and minuscule compared to the ...
Solana Foundation President Lily Liu urged DeFi protocols within the ecosystem to stop attacking each other over issues like 'one-click migration tools' and 'risk disclosures', and instead concentrate on expanding the overall market. She noted that the Solana lending market is currently around $5 billion, only a tenth of Ethereum's, and minuscule compared to the trillions in traditional finance. Liu emphasized that teams can choose to fight each other or gain market share from larger crypto and TradFi markets, stating 'the direction is up to us'. Previous news: Jupiter executives admit 'zero contagion risk' claims for Jupiter Lend were false.
Tags:
Link: Solana Foundation President Calls for DeFi Protocols to Cease Infighting and Focus on Market Expansion [Copy]
