To be honest, Lorenzo used to feel like most of the DeFi projects on the market—showing daily yield screenshots, crazily hyping short-term returns, and drowning in the noise of "get rich overnight."

But what about now? The situation has completely changed.

Take an example: it's like a startup that originally relied on selling functional drinks to attract attention suddenly transforms and starts to seriously engage in small-scale investment management—only this time, it's operating on the blockchain. It's not as eye-catching, but precisely this pragmatic shift is what leads institutional investors to take it seriously: no longer chasing explosive growth bubbles, but instead building something more robust and more scrutinizable.

These days, being able to focus on creating long-term value protocols has become a rare commodity.