protocol revenue is supporting carry strategies

Risk is easiest to ignore precisely when it is most expensive.

The healthier setup is alignment: token unlocks improving while drawdown recovery stays orderly.

Put beside current chatter on “Greece Approves 10% Crypto Capital Gains Tax as First Framework Lands Below Draft Rate,” the incentive problem looks clearer.

Attention jumps quickly; capital moves more slowly.

Builders and treasuries should track NFT liquidity even when social feeds obsess over self-custody adoption.

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