Since 2021, all major opportunities to enter positions in Crypto have stemmed from protocols that can bring external traffic and funds into Crypto, rather than the other way around. For example, the DeFi combinations on Terra, StepN, SOL, and FTX. I believe the logic remains unchanged; being fixated on pseudo-construction of PVP is pointless. Only by expanding the pie can there be more opportunities. In this round, I still do not have high hopes for non-Cex RWA, because RWA protocols expect players within the circle to buy products outside the circle, which is completely backward. This circle is full of gamblers; who would play with you for a fixed income of 5% per annum? They must be living in a dream. Based on this logic, you can discern which concept among ten that appears simultaneously is the true genius.