Protocols like borrow-lends & L2s should consider ditching gov tokens. Go the credit union route, where you have to have $5-$25 in a shares deposit (demand or time deposit) to access the CU’s services. ~26% of ALL deposits in US CUs were from this de minimis deposit base

That’s working capital for the borrow-lend to loan out or the L2 to invest in development. Way better than a gov token that trends down and to the right over years.