This is the first Sui lending update that actually treats capital like capital. One-click multiply on isolated RWA markets is the right design. Pooled “everything shares the same risk” books are why DeFi keeps eating itself. Isolate @EmberProtocol credit, gold, and high-yield paper, then let people lever what they can underwrite. That is how real lenders work. The purity crowd will call it centralized. Fine. I’d rather take issuer and structure risk I can read than pretend another sSUI loop is decentralized finance. Most of this chain is still farming emissions and calling it product. Tokenized credit you can mint, supply, and put to work in one flow is closer to the endgame than another points season. If 2.0 makes LTV, earnings, and liquidation risk visible before they become a surprise, that matters more than a token narrative. ✅Ship the dashboard. ✅Keep listing real collateral. The rest of DeFi can keep looping itself.