I think most people are looking at Bedrock 2.0 from the wrong angle.
The discussion usually starts with yield, but the bigger story may be capital efficiency. Bitcoin is already scarce. The question is how much of that Bitcoin can actually move, earn, and adapt across ecosystems without losing exposure.
If DeFi's next phase is about making capital more productive rather than creating more assets, then infrastructure that improves liquidity mobility could become more valuable than another high-APY strategy.
The winners may not be the protocols offering the highest returns. They may be the ones making capital the most useful.