Most crypto projects fail due to no PMF, team abandonment, or being scams/pump & dumps.
But some defied expectations. Special props to:
- @beefyfinance: Born during Yearn Finance fork craze, now with TVL close to Yearn itself.
- @harvest_finance: Aggregator like Beefy. Pioneered sustainable tokenomics.
- @PancakeSwap: How many Uniswap forks from 2020 are alive? PCS is a success story of adaptation. Sushi is alive too, but less successful.
- @QuickswapDEX: Could've died as Uniswap expanded to Polygon. But the team didn't give up and diversified.
- @solana: After the FTX collapse (main backers for Solana), many believed Solana was done. Yet $SOL is this cycle's top success.
Of course, I could add Aave, Maker, Instadapp (Fluid), and other OG DeFi protocols, but I knew they'd do great :)))
Any other successful underdog protocols I forgot?