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The word "modularization" sounds very grand, but for someone like me, a end-user, there are only two changes: first, more blockchains and more pop-up windows in the wallet; second, sometimes the experience actually becomes smoother, switching back and forth doesn't cause every time to freeze like a PowerPoint. But honestly, you won't suddenly understand it better just because of "modularization"; it's more about the backend engine being replaced, while the frontend is still improvising.
Recently, the incentive programs and points systems on testnets have become popular again. I also got curious and clicked around, complaining verbally "here we go again with the pie-in-the-sky plans," but my hands are still honest... I don't know if the mainnet will issue tokens, but anyway, when TVL rises, I feel it's fake; when it drops, I think maybe there's actually something real this time. Modularization feels to me like building with LEGO or changing power outlets: easier to connect things, but also easier to end up with a bunch of tangled wires. Let's leave it at that for now, and see if TVL will slap me in the face tomorrow.