There are far more quality projects in DeFi than in L1s/L2s.

New chains should be competing to attract these protocols by offering the best conditions. Yet, over and over again, I see that the teams behind these chains have little clarity on their goals or how to achieve them.

Instead, I keep hearing the same broken record - institutions are coming, points/airdrop campaigns are in place, and grand plans to take over the world.

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