DeFi protocols are accelerating the accumulation of value for token holders, with protocols such as Aave, Ethena, Hyperliquid and Jupiter implementing buyback programs, fee switches and new incentive structures.

My biggest feeling after visiting Consensus HK this time is that VC has a very difficult life. It is no exaggeration to say that there is widespread misery, which is in sharp contrast to Marshal P.

This article will share in depth Primitive Ventures’ struggles and reflections in investment decisions, as well as Movement’s growth and transformation over the past 20 months.

Meme has become a track-level opportunity that the industry cannot ignore or miss.