"Fat Protocols" or "Fat Apps?"

Aggregation Theory, Web3, and Value Accrual

February 13, 2023 • Michael Nadeau

"Fat Protocols" or "Fat Apps?"

Topics Covered

Aggregation Theory & Web3
DeFi Tech Stack & Value Accrual
The Ethereum Tech Stack
Ethereum
Does Ethereum have a Moat?
App-Chain Pros/Cons
dydx
Conclusion

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