Polygon CEO: DeFi must ditch hype for sustainable liquidity
Polygon Labs CEO Marc Boiron advocates for a fundamental shift in decentralized finance (DeFi) liquidity management, deeming the current liquidity crisis as self-inflicted. He emphasizes the need for sustainable DeFi through chain-owned liquidity and transparent economic models, criticizing high annual percentage yields (APYs) that attract mercenary capital but lead to instability. Boiron proposes that protocols should focus on building treasuries to own liquidity positions rather than relying on external providers, which dilutes token value. He highlights the importance of stable liquidity for traditional finance (TradFi) adoption and believes Polygon's strategies can benefit all protocols. Looking ahead to 2026, Boiron envisions a more stable DeFi ecosystem with improved governance and financial products bridging TradFi and real-world assets. He stresses that sustainable economics will prevail in the long run, urging the DeFi community to prioritize long-term growth over short-term gains.
