Building a $1B Revenue DeFi Protocol

Fundamentals season is coming. Crypto, and Ethereum specifically, will only be globally relevant if there are hundreds of businesses large enough to be publicly traded companies operating on it. This means billions in exogenous revenue streams derived from real value-creation (not gambling) on-chain. Strong fundamentals (revenue, CAC, customer LTV) from protocols will correlate to strong token prices. It’s now cliche to point out that the two crypto use cases are speculation and stablecoins. If