protocol revenue is supporting builder priorities

In that environment, patience is a position, not a slogan.

Revisit assumptions weekly; markets change faster than slogans.

That debate sits next to today’s market focus around “Across Protocol warns users to avoid app amid reports of drained wallets.”

Ignoring protocol revenue because exchange reserves looks exciting is how late-cycle mistakes compound.

In practice, validator economics and market makers interact before price fully reflects either one.

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