I set a little rule for myself: when I see statements like "Stablecoin supply has increased / ETF funds have flowed in = a rally is coming," I hold back and don't jump to conclusions about cause and effect. Honestly, money coming in from off-chain doesn't necessarily mean it will rush onto the chain; sometimes it's just changing hands or hedging back and forth, lively but not necessarily pushing prices up. Recently, there's been a lot of noise about staking and shared security with the "compound yield" approach, and I just see it as a reminder: correlations can be very deceptive. When nested layers of hype build up, it's easy to mistake "seems more stable" for "really is more stable." Anyway, I’ll focus my attention back on governance voting and how incentives are designed, watch the flow of funds gradually, and not rush to draw conclusions about the story.