The crypto summer of 2020/21 saw most alternative Layer 1 protocols skyrocket to insane valuations and many projects in their respective ecosystems. This period became known to the wider industry as ‘DeFi Summer.’ With stimulus checks being handed out across the West and the looming uncertainty over the lifting of COVID lockdowns, the economic issues of the time spurred a tornado of wealth with seemingly exponential potential/possibility.
Lasting until May of 2021, this 6-month period…