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The entire DeFi ecosystem on Ethereum is built on the foundation of ETH staking yields. Let's be clear: if you strip away ETH's role as trustless collateral or remove Ethereum's native risk-free rate, which is the staking yield, you're left with only a tiny fraction of today's DeFi landscape. Even during the worst market conditions, this ecosystem still holds over 150 billion dollars in stablecoins. That's the scale we're talking about. ETH is the single most important asset in the world's largest and most successful onchain economy. It's the backbone of liquidity, the engine of yield, and the collateral that keeps the entire machine running. And yet, despite all of this, ETH remains fundamentally undervalued. The numbers speak for themselves, but the market hasn't fully priced in its structural significance yet. 🫡 Stay sharp, stay patient. The thesis hasn't changed.