LI LIDO Lido DAO (duplicate) Loading... : Bullish and Bearish Analyst Opinions

"This cycle isn't going to be about speculative token flipping. It's about yield as the organizing principle." Institutions (Coinbase, Bitwise) are deploying capital specifically through vault structures. As speculative retail interest cools, value accrues to protocols that generate real revenue and distribute it via vaults. The infrastructure (ERC-4626) is now mature enough to stack yields (lend + stake + restake) in a single unit of capital. LONG. Focus on protocols enabling yield stripping and fixed rates. Smart contract risk from stacking multiple protocols (composability risk).