Are Builders Starting to Re-Focus on Real Yield Again?

During the last yr, DeFi has skewed closely towards high-risk methods: restaking layers, points farming, and speculative airdrops.

I discovered a more moderen protocol recently and have been watching it intently as a result of the whitepapers and group seem legit after it came to mind while studying one other publish about real yield. It's referred to as Cicada Finance, it's major narrative appears to be specializing in RWAs and ETH-denominated yield sourced from actual economic exercise, with out emissions, points, or complicated incentive buildings.

That raised a broader question for me: are we starting to see a return to fundamentals in DeFi? Are more builders taking a look at sustainable, transparent yield again, or is this still a niche course?

Would love to listen to from others in the event you’re seeing comparable patterns or working on one thing on this lane.