RE: Why My Faith Is Still Heavy Into Ethereum

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I share your faith in ethereum.
I think the network effect is incredible.
The technology is first class.
The reputation first class.
The First Mover in the DeFI Space is incredible.

I really think people tought it was dying during the flight to Binance Smart Chain towards the end of DEFI Summer in 2021... but the rise of the second layer solutions has been amazing. Rollups were finally realized and they seem to be taking the world by storm.

I see a second rise of defi on ethereum, which may dwarf the first rise.

I see Leo having come full circle

  • wleo on ethereum/uniswap
  • bleo on Cubfinance
  • pleo on polygon
  • briefly wleo-cacao now aleo-cacao (arbitrum)
  • I guess I see our aleo-cacao as our return to ethereum, and I think we are not alone. I think many defi investors wo fled to Binance and Polygon are trying to return to Ethereum via the rollups.


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