Solana is LA. It’s big and sprawling and cheap. It is less decentralized. But some applications like games and NFTs do not need very high level of decentralization.
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.