
Crockboy
@crockboy
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Low fees usually point to one of two things:
1. The fee switch simply hasn’t been turned on yet,
2. Core functionality—trading, lending, or liquidations—hasn’t reached full traction.
And that’s fine. It means things are just getting started.
Liquidity that sticks around despite low yields isn’t chasing APR. It’s signaling trust in the team, the roadmap, and the token design. Eventually, when the protocol activates its economic levers—fee switches, buybacks, staking mechanics, treasury flows—those TVL numbers will start translating into real, sustainable revenue.
Don’t just look at the numbers. Look at when, how, and why they’re being generated. That’s where the signal lies. 0 reply
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