Some Thoughts Obtained by Defisummer 1. Defisummit is probably a series of operations by MakerDAO and Uniswap, starting from the secondary market From the perspective of dimension and product decomposition: DeFi products are deployed on the chain to innovate in various decentralized finance. This sentence can summarize this track, and I think the update of the types of DeFi product segmentation tracks is vertical thinking, that is, today is DEX, tomorrow is lending, and the day after tomorrow is algorithmic stablecoin. The first opportunity exists in various DeFi products. Lateral thinking refers to the "revolutionary theory" that I previously discussed, which involves the issue of interest groups. A chain is an interest group, how can we maximize benefits? And how to maximize differentiation? My answer is to create another new chain, which is a "horizontal thinking" perspective, that is, the so-called new public chain, such as avax, bnb, sol or even luna. Of course, the narrative of public chains is more rigid, and this narrative may not be repeated afterwards 2. Gamefi is actually a continuation of DeFi, using the DeFi mechanism as a variant and incorporating the game's sexy narrative to create a gamefi narrative 3. NFT and meme are actually the same product category, which is something at another level - "consensus". NFT originated from the "every day" picture, then spread to punk, and then to the later Monkey series. Compared to the traditional business world, Labubu is one of the commonalities, and the underlying logic is consensus. However, this consensus is relatively fast, and the cycle is not like LV, which calculates in years, but the essential logic is the same. 4. There are many key points in memes, but I think the most important ones should be the questions of "who leads", "who is the participant", "who buys", and "who sells". Taking people as an example, with the participation of "idealists who are not short of money", selling to retail investors who want to make money should be a link in this meme Additionally, doge/trump， ”Who will participate? "This question is more important 5. At present Following the previous thought, what has happened now? BTC has reached a new high, the US encryption bill has been passed, and the bond between coins and stocks has become tighter. Circle has gone public, and Pump has issued coins The main storyline is gradually becoming clearer, new interest groups have emerged, and from a macro perspective, if there is no new narrative, new forces will slowly occupy the past positions