Many DeFi projects focus on liquidity size, but I believe the truly important issue in the next phase is how to establish long-term relationships between users and protocols.

In the past market, user participation often revolved around short-term gains, with rapid capital flows and a lack of stable connection between community value and protocol development.
A healthy ecosystem requires not just capital inflow, but also users willing to continuously participate and grow together.
The mechanism proposed by @Hypercroc_xyz has shown me a new possibility.
It does not simply define users as capital providers, but through XP points, NFT bonuses, time multipliers, and $CROC incentives, it makes user participation itself a part of ecosystem building.
Currently, HyperCroc has established a Soft Swamp yield pool and designed a multi-layer reward structure, including incentive distribution for HyperLiquid ecosystem participants and related asset holders, allowing more ecosystem roles to connect to the same growth system.
From a broader perspective, I believe the future of DeFi will not just be an upgrade of financial tools, but a redefinition of the relationships between users, assets, and protocols.
HyperCroc is trying to integrate yields, participation, and community value, and this structure could become an important direction for on-chain financial ecosystems in the next stage.
@Hypercroc_xyz $CROC @wallchain @TermMaxFi