A couple of days ago, I had dinner with a fren, and he said the biggest lesson from this round is that many coins have fallen from high positions to a point where there's no bottom in sight, and the position can only be held tough, completely lacking a "safety net structure."

I happened to see his partner, @Nirvana_Fi from the SOL ecosystem, while researching Rally, and they can address this pain point. Their approach is actually quite easy to understand:
First, use the real assets in the vault to set a floor price for $ANA . As the vault expands, the floor price goes up, and the market can fluctuate as it pleases; the worst-case scenario still has the vault assets as a safety net.

On this basis, they also created the Samsara platform, allowing project teams to issue their own DAT (vault tokens) on Solana, which is somewhat similar to MicroStrategy on-chain, except that the assets are replaced with on-chain Positions.

Each DAT will mint a new asset class called "Guaranteed Value Asset (AVA)", which these tokens have their own reserve-backed lower limit and automatic treasury mechanism. For example:
avSOL corresponds to a basket of $SOL
avBONK corresponds to a basket of $BONK
avPENGU corresponds to $PENGU
It can also be extended to more assets.

For holders of coins, this kind of thing is more like adding a protective shield to a high beta position. There are still fluctuations, but the bottom is supported by treasury assets and mechanisms. Moving forward, we can continue to monitor the treasury and floor changes of various DATs on Samsara to see if this structured DeFi position can carve out a path.