my biggest fear is that once they've hit top 50 mc 20-25x from here and permissionless pools have been added (?) and it becomes the go to uniswap of yield in crypto and they've hopped on the next 5 new narratives (all yield based of course) and all protocols collectively decide to no longer do airdrops or points programs and blackrock has tokenised the whole of tradfi...that Pendle becomes a little boring, that they forget their roots, that TN grows out his hair
that keeps me up at night
at same time though every 3 months I've had a call with the team and they lay out their plans for next 3 months and beyond and they exceed what they set out to do each time, last call for the first time they laid out their multi-year plan which I've been NDA'd up the wazoo for and uhh...it's a bit bigger than what most protocols aim for, and I think it's what crypto needs to succeed long term, and I think Pendle might just be the team to pull it off