pendle. pendle is also goated. I am dumb though, I worked through what it was/did early on when grinding ethena points and then forgot to make a position
now I forget what pendle does and have to relearn lol
The thing about DeFi is that nothing really stands out in my mind from anything else. I get core primitives like Curve and Aave, but I couldn't tell you why CRV is down while Aave is doing kind of good, and I certainly haven't seen anything in a seed round that looks more like a new core primitive; everything looks like Just Another Vault.
Maybe that is the thing; most of it is. But for example, my eyes glaze over when I try to figure out why Liquity or Maple is Not Just Another Vault.
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