In an ideal world, post-the-deleveraging we just saw: - liquidated capital permanently leaves vaporware and concentrates around quality (e.g. ADA ➔ SOL) - big money realizes some gov tokens are different. You can get exposure to revenue generating businesses in a high growth industry for pennies on the dollar. -- as a result, some of this liquidated capital concentrates around strong teams built on non-vaporware blockchains - people demand financial verifiability with the apps they use. they move capital to defi where solvency can always be audited, risk systems are transparent and hardened, and fund transfer is permissionless -- this means people stop using obscure, un-verifiable, off-chain exchanges if you're drawn to crypto for freedom, permissionless-ness, transparency, and all the pillars this industry was built around, put your money where your mouth is, address the facts, and embrace real defi