RE: Defi is not what it once was... It has become much more professional !
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Useful stuff for people who only know Solana by its most load component: meme coins.
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Meme coins have become an industry in itself with very little innovation and use case. I think that they drop a bad shade on the rest of DEFI on Solana that is actually pretty neat :-)
Just by my initial impression of Meteora, I tend to agree. Although the blockchain itself is still quite centralized.