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One other notable facet of DeFi v1 was the dominance of advanced protocols encompassing a broad vary of functionalities, resulting in questions on whether or not they need to be known as monetary primitives in any respect. In spite of everything, a primitive is an atomic performance, and protocols like Aave embrace lots of of threat parameters and allow very advanced, monolithic functionalities. These giant protocols typically led to forking to allow related functionalities in new ecosystems, leading to an explosion of protocol forks throughout Aave, Compound, or Uniswap and varied EVM ecosystems.
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