Ethereum

TVL is not the goal; TVL is a necessary evil. Every dollar locked in a (especially immature) protocol instead of being locked in a simple and secure wallet is to some extent a security risk.

Sometimes we have to take that risk to get valuable benefits, but locking for the sake of locking should be minimized.

TVL is an immature characteristic to measure a protocol’s success. It’s the ferry between traditional and crypto analysis. We need to build the bridge that brings a better technical analysis to a protocol’s health and value