Unchained is about a lot more than just podcasts.

On our website unchained crypto.com,

you can also find crypto news, web three tutorials,

and original videos.

Check it all out at unchained crypto.com.

Hi everyone. This week I have another essay for you.

This one by Kyle Samani of Multicoane Capital, titled The Most Forkable

Defy Protocols on Ethereum. He looks at how easy it would be from an effort and capital standpoint

to fork each of the major Defy protocols.

He makes a strong case for how and why he thinks protocols like Maker are quite defensible and why

he believes certain decks are less so.

He also looks at the implications these Defy protocols have on Etherium's defensibility.

It's a thought-provoking essay, especially considering everything Defi has been through in recent weeks.

Also, it'll be interesting to see how new developments like TBTC, the new trustless version

of Bitcoin coming to Defi, will play out by the metrics Kyle is

weighing. I'd love to hear your thoughts on what he says. And now here's the most

forkable DefiFi protocols on Ethereum.

Enjoy the show.

Krakhan is the best exchange in the world for buying and selling digital assets.

It has the tightest security, deep liquidity, and a great fee structure with no minimum or hidden fees.

Whether you're looking for a simple Fiat on-ramp or futures trading, Krakhan is the place for you.

What's the best way to spend crypto?

...