TermMax's timing for this round of DeFi revival is quite good, just riding the market enthusiasm. The first phase of the Revival Passport has already been launched, where users share their experiences of being caught by floating interest rates, or compare certain leading DeFi protocols' floating interest rate models to earn 60,000 XP rewards. To be honest, from a mechanism design perspective, this kind of incentive is indeed quite creative — it encourages community discussion while also uncovering user pain points. Morpho's performance in efficiency is truly noteworthy, and the competitive landscape of the entire ecosystem is becoming increasingly interesting.