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The Lindy Effect: How Longevity Breeds Overconfidence in DeFi Brands

The Lindy Effect: How Longevity Breeds Overconfidence in DeFi Brands

As decentralized finance (DeFi) projects evolve, users often display an increasing level of confidence in these brands, bolstered by the principle known as the Lindy Effect. This phenomenon suggests that the longer a brand remains operational without any major issues, the more trust users place in it. However, it is crucial to note that every new upgrade can inadvertently reset this clock, prompting users to reconsider their assessment of risk and reliability.