For open source software and crypto, best play is revealing little and going slowly so theres 6 months of work to unveil piece by piece Short term moat is familiarity with a code base while long term it's liquidity, TVL & txn fees in your protocol since that's proof of security
Matt
Matt20 tuntia sitten
Launching a DEX or lending market has got to be so brutal. Uni & Aave liquidity moats + low risk premium are killers. Unless you have a sharp high-growth niche or 8 figs in incentives, your protocol needs to be 10x better, not even 50% better will cut it.
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