Cohort of 2018-2019 Uniswap <-> Sushiswap vampire attacks learnt that:
1) Incentives as a growth mechanism
2) Revenue yield drags users PnL that's why most protocols from that era don't have revenue
3) Attacks from forks due to liberal licenses in code
You can instantly identify somebody who joined crypto after 2021 - because they think chains are companies with revenue and token value arising from extracting a take rate.
You can easily tell somebody who joined crypto before 2021 - because they think protocols are open coordination movements that support freedom of economic activity and should minimise agency risk and extraction.
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