#DeFi生态发展 Reflecting on the development of the DeFi ecosystem over the years, I can't help but feel a mix of emotions. From the initial lending protocols to the complex ecosystem that now spans multiple public chains, every step has been the result of countless developers' hard work. The "The Proving Grounds" event launched by Brevis reminds me of the early community incentives of Compound and Aave. Back then, everyone was exploring how to attract users and build loyalty, with various innovations emerging one after another. It seems that the application of zero-knowledge technology may become the next breakthrough. However, history tends to repeat itself remarkably; regardless of technological advancements, the power of the community remains key. I just hope that project parties can learn from past experiences and strike a balance between short-term incentives and long-term development. After all, in this industry, we have witnessed too many projects that were merely a flash in the pan.

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