🌲 Invest in Canopy Fragment No.002 Today while browsing data, a thought suddenly occurred to me. Many people judge whether an ecosystem is good by first looking at its TVL. But if only the TVL is rising, while active addresses, transaction frequency, and capital retention time have not improved synchronously, then the reference value of this number may not be as significant as imagined. What truly deserves attention might not be how much money flows in.

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