X @Andy

RT DMH 🦇🔊🌊 (@DeFi_Made_Here)I think @hosseeb is somewhat rightPeople started speaking about revenues only after 2 projects in the whole defi (both extremely centralized) started earning substantial revenue (and it didn’t happen overnight!)Other than that we have so many examples like uniswap which is valued at $7b, spending hundreds of millions in incentives, and earned $0 in 7 years, or morpho which is pending $100m+ publicly and god knows how much privately to stimulate growth also with 0 revenue and uncl ...