X @Ignas | DeFi

Plasma launch is a great DeFi reset.On Ethereum, first mover advantage helped many protocols hold their lead with sticky TVL.That is why DeFi 1.0 tokens often still trade at higher valuations than newer DeFi assets.Plasma leveled the field.Capital now flows to platforms that deliver security, innovation and capital efficiency, not just legacy brand.Aave unsurprisingly leads by TVL, while Fluid and Euler prove the boring 'capital efficiency' matters as it translates into higher yields for LPs.If more capital ...