Tengji Zhang

TradFi companies are trying to package together financial instruments other TradFi companies feel comfortable buying so that they don't have to hold crypto due to various regulatory complications.

How to process a book: 

• Jump mid-way through and ask do I want to have got here. If the answer is yes then read from start more carefully.

Governance Participation: Identity information generated through on-chain governance participation. It tells us what does the individual involve with.

Gives a brilliant and very cynical description of the Ponzi nature of yield farming in DeFi. Shed some light on how it is no so different from startups nowadays that keeps raising more money despite net negative return, as long as they have a grand narrative with a big promised profit at the end.

Profiles: Showcasing the objective data along with the subjective to build a holistic picture of who you are. LinkedIn for Web3.

L2s matter — skyscraper technology is essential to scaling any city — but they are not the end of the story. L2s are an “and”, not an “or”.

How to choose books:  The intersection of all the books that are worth reading and enjoyable to read.