In the crypto world, the Lindy Effect plays a crucial role in determining the longevity and trustworthiness of protocols. While immutable protocols like Uniswap have a strong track record, upgradeable protocols like Aave and Compound face challenges due to frequent code updates. Users often overlook the risks associated with these updates, leading to a cognitive bias in risk assessment. Brand reputation also plays a significant role in building trust, with established names like Aave and Compound being perceived as safer options. However, it is essential for users to consider both the technical structure of a protocol and its brand reputation to make informed decisions. Ultimately, only time can truly judge the reliability of a protocol. The article highlights the importance of understanding the differences between immutable and upgradeable protocols in the context of the Lindy Effect in the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news