X @BREAD | ∑:

I don't think SOL DeFi tokens are down specifically due to high inflation, but I think it's a large factor in why the defi is less-adopted relative to Ethereum.Recall the inflation rate of Solana is 4.215% right now, while Ethereum is ~0.74%. That's the "risk free" yield given in each ecosystem.That ~3.5% difference is all incentives for Ethereum capital to seek out productivity in DeFi, lest it's owners be left behind.On Solana, not only is the yield higher, but the process of obtaining that yield is easie ...