Recently, I've seen new L1/L2 incentives to boost TVL again, with old users rushing in while complaining, "Mining, selling..." Basically, what everyone is betting on isn't the returns, but the trust chain of that cross-chain that you simply don't have time to verify one by one. A transfer from A to B, whether called IBC or a bridge, fundamentally requires trust: the source chain won't rollback, the target chain won't malfunction, the light client/relay won't cheat, the verification logic won't be written incorrectly, plus all those price feeds/ordering/multisig keys shouldn't be stolen. No matter how good the parameters look, if there's a hiccup in message passing, the impermanent loss for LPs is still considered small.