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.

Always thought transactional value through a protocol should be more important than TVL - except in custody protocols that TVL is the key metric.

Nice to see new solutions that distribute custodial risks and permit high transactional volume rather than still TVL