I always enjoy your point of view, but this article was excellent and timely.
Focusing on the defi section, I've got a fair amount in CUB and have kicked the tires on a few other projects. Mostly at this time, DEFI is money printing operation and as you mentioned there are too many of them and most will eventually fail. Unless there is a reason for them to need the assert people are wrapping and a use case for the token most will decline in value over time. It is gambling to see if you can get enough in interest to cover the initial investment.
While the cross platform auto-investing is cool, it also doubles the risk on an already risky investment. Now you are counting on two teams to make good choices, not to rug, and to ensure their code is clean enough to stop manipulation and crashing. As well as building a market and making the primary token useful.
I think CUB combined with Leo is a great project but ultimately success will rely on creating traffic (more money in and out of the pool) and a use case for the token.
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