DeFi is far more capital efficient than TradFi:
- Uniswap: fully-diluted market cap today of $5.1 billion, 80 full-time employees, or $63 million per team member.
- MakerDAO: market cap of US$6.8 billion. $MKR token has a market cap of $1.1 billion or $12 million per team member.
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