Question about the layers of DeFi, as shown in slide 3 of “Origin & Future of DeFi”. What is the difference between layer 3 “The Application Layer” and layer 4 “The User Aggregation Layer”?
Btw I thought “layer 2 solutions” are considered sidechains connected to the main blockchain. Seems like the 4 layers of DeFi are separate from the idea of layer 2 solutions. @amadeobrands, is that correct, and what is the source of this 4-layer model?