liquity built defi's first franchise model. 15 licensed forks pay revenue back to lqty stakers. felix protocol sits at $300m tvl preparing tge with 4% airdrop to bold users. asymmetry finance controls 60% of staked ybold. enosys created 200 troves in 24 hours. lqty at $0.35 down 71% from july highs. 61% of supply staked earning from v1 fees, v2 liquidity, dex bribes and fork airdrops simultaneously. felix tge validates the entire franchise thesis.