SBF vs. ETF: Get Rich Quick vs. Get Rich Slowly

Looking back, it seems he was what the industry calls “a mercenary.” As numerous decentralized projects have found over and over again, while it’s important to incentivize people to provide liquidity or other functions on DeFi protocols, they need to do so in a way that attracts people that have a long-term vision, not short-term takers — in short, missionaries over mercenaries.