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Boop.Fun leading the way with a new launchpad on Solana.
Agreed: DeFi is fine.
Yields have oscillated above and below the FFR (fed funds rate) for a long time. There are high-yield regimes and low-yield regimes. It's a function of onchain supply and demand for capital, not a permanent condition.
Onchain yield is cyclical. That's OK.

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