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Cardano's DeFi TVL just slipped to $50M, while its 120M $ADA PRIME program targets $290M. That's a $240M mountain to climb. But here's the thing. Throwing incentives at liquidity that disappears when rewards end is a losing game. Cardano needs DeFi apps that make capital want to stay. Build real demand first. Then let PRIME pour fuel on the fire.

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