A lot of protocols know how to attract liquidity.
That part is easy when yields are high.
The hard part is keeping that liquidity around after the incentives slow down. Most don’t. Money comes in, farms for a bit, then leaves for the next better opportunity. That’s been happening across crypto for a while now.
That’s why Bedrock got my attention.
What’s interesting to me is that PoSL doesn’t look like it’s only about pulling in liquidity. With the veBR model, it seems more focused on getting users to stay involved instead of just showing up for rewards and disappearing.
Of course, whether that actually works is a different question. Crypto is good at exposing weak incentive models very quickly, so ideas like this only really prove themselves over time.
Still, I think they’re looking at the right problem.
A lot of projects are chasing TVL. Fewer are thinking seriously about retention.
And honestly, retention is probably the harder thing to build.